Question

quiz 4.3 cls
which answer choice best shows the effect of european kingdoms producing creating their own currencies monies?
○ european kingdoms producing their own currencies led to the political stability strength of western europe
○ european kingdoms producing their own currencies made trade easier because they each had their own money to exchange
○ european kingdoms producing their own currencies made trade harder because they had to find a way to exchange trade each others coins
○ european kingdoms producing their own currencies made europeans move into urban city areas of europe

Explanation:

Before standardized regional currency, having distinct kingdom-specific currencies required complex exchange processes, increasing trade friction rather than easing it. Political stability was not a direct outcome, and urban migration was driven by other factors like economic opportunity, not currency fragmentation. The need to exchange different coins created barriers to trade.

Answer:

European kingdoms producing their own currencies made trade harder because they had to find a way to exchange [trade] each other's coins