The asiento, acquired in the 1713-1714 peace settlement, was far more valuable to Britain than many of its territorial gains. The asiento
A) permitted British merchants to exploit the fur trade of New France.
B) opened up an era of wholesale British smuggling into Spanish America.
C) gave special privileges to British merchants wishing to sell goods in Barcelona and Seville.
D) allowed Britain to lay claim to the Spanish Empire in America.
Correct Answer:
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