USH 8A U4 L9 MC Test

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.

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.

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.

1 answer

The most accurate response to the question regarding the loss in value of the Continental dollar is:

Trade became complicated because states printed their own currencies.

This loss of value led many states to issue their own money, which created confusion and difficulties in trade due to varying values and lack of trust in different currencies.