With regards to money in the colonies,
A) the colonies did not produce enough of their own precious metals to coin money.
B) the British did not allow the export of their own coins to the colonies but did not object to foreign coins flowing into the colonies.
C) the British did not allow paper money created by the colonies to be declared legal tender, but this policy did not prohibit the colonists' use of it.
D) all of the above apply.

Question

Quizplus · Accepted Answer

All of the options are true. The colonies did not produce enough precious metals to coin their money, so they relied on foreign coins flowing into the colonies, which was allowed by the British. However, the British did not allow paper money made by the colonies to be declared legal tender, but this policy did not necessarily prohibit the colonists' use of the currency.

With Regards to Money in the Colonies