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In the Sixteenth Century, China Had an Urgent Need for Silver

Question 10

Multiple Choice

In the sixteenth century, China had an urgent need for silver because


A) it was often an ingredient of medicinal drinks.
B) the Ming fiscal system required that taxes be paid in cash.
C) farmers would only accept silver as payment for their crops.
D) it was used to make a variety of highly-fashionable luxury goods.
E) it was the only commodity European traders would accept in exchange for their manufactured goods.

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