What resulted from the loss in value of the Continental dollar?

(1 point)
Foreign countries demanded repayment of their war loans from the
government.
Trade became complicated
• because states printed their own currencies.
Congress began to sell
• sections of land in the Northwest Territory.
Expeditions were sent to the West in search of gold and silver to back the new
paper money.

1 answer

The loss in value of the Continental dollar primarily led to trade becoming complicated because states printed their own currencies. The depreciation of the Continental dollar created a lack of confidence in a single currency, prompting individual states to issue their own money, which resulted in inconsistencies and challenges in trade and economic transactions.