A key provision of the Currency Act was that foreign trade had to be conducted in gold and silver. This act restricted the colonies from issuing their own paper money and aimed to ensure that transactions were conducted in British currency, which primarily involved gold and silver.
Which of following was a provision of the Currency Act? (1 point) Responses Foreign trade had to be conducted in gold and silver. Foreign trade had to be conducted in gold and silver. Colonists were not allowed to export British currency. Colonists were not allowed to export British currency. Cotton was made a form of legal tender. Cotton was made a form of legal tender. Colonists were taxed if they used non-British currencies.
1 answer