The world’s first global currency was:
A. Peruvian silver.
B. the Mexican peso.
C. the American dollar.
D. Chinese porcelain.
B. the Mexican peso.
Explanation: The high price of silver in China and its low price inthe Americas (low because there was so much of it, andbecause it was extracted using slave labor under the mostbrutal of conditions) drove the world’s first global systemof exchange and allowed the creation of the world’s first global financial network.
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