Question

Question

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

(1 point)
Responses

Foreign countries demanded repayment of their war loans from the government.
Foreign countries demanded repayment of their war loans from the government.

Trade became complicated because states printed their own currencies.
Trade became complicated because states printed their own currencies.

Congress began to sell sections of land in the Northwest Territory.
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.
Expeditions were sent to the West in search of gold and silver to back the new paper money.

Answer 1

The correct response is:

Trade became complicated because states printed their own currencies.

The loss in value of the Continental dollar led to states printing their own money, which created confusion and difficulties in trade.