Which of the Following Statements About the North Sea Nations

Which of the following statements about the North Sea nations by the mid-seventeenth century is false?

A) They were creating, enlarging, and protecting their growing colonial empires.
B) They were becoming increasingly efficient in mercantile and banking affairs.
C) They were augmenting the profits obtained from their colonies and avoiding dissipation of their wealth in European wars.
D) Company investors plowed profits from their colonial enterprises into new manufacturing and trading projects in Europe.
E) none of these choices