The flood of bullion from the Americas to Europe
A) decreased the importance of northern European merchants.
B) ended the gold drain from Europe to Asia.
C) deflated European economies.
D) created a money shortage.
E) had no lasting impact on European economics.
B
You might also like to view...
Discuss the causes and consequences of the Venezuelan crisis of 1895.
What will be an ideal response?
Mexico's Institutional Revolutionary Party (PRI)
What will be an ideal response?
For each historical identification question, define the term and briefly describe its historical significance. Columbian Exchange
What will be an ideal response?
Following its promises to "roll back" communism, in 1956 the Eisenhower administration provided military and economic assistance to Hungarian rebels in their successful uprising against Soviet troops
a. True b. False Indicate whether the statement is true or false