The direction of colonial trade produced great trade deficits with England,especially in the New England Colonies.Consequently,growth and development were stifled in colonial America.

Question

Quizplus · Accepted Answer

This statement is false. While colonial trade did result in trade deficits with England, it did not necessarily stifle growth and development in colonial America. In fact, the colonies developed their own industries and trade relationships with other countries, leading to economic growth and the development of a unique American identity.

The Direction of Colonial Trade Produced Great Trade Deficits with England,especially