How did bills of exchange, checks, and paper money facilitate trade?(1 point)

Question

Responses

All these systems allowed traders to carry and trade economic value without having to transport large amounts of precious materials.
All these systems allowed traders to carry and trade economic value without having to transport large amounts of precious materials.

All these systems allowed traders to carry and trade economic value with the Song Dynasty using the exact same paper money system.
All these systems allowed traders to carry and trade economic value with the Song Dynasty using the exact same paper money system.

All these systems allowed traders to carry and trade economic value within an Italian city-state, but no farther.
All these systems allowed traders to carry and trade economic value within an Italian city-state, but no farther.

All these systems allowed traders to carry artistic value, which benefited Renaissance artists.

Answer 1

All these systems allowed traders to carry and trade economic value without having to transport large amounts of precious materials.