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Author Question: The statistical details on the U.S. balance of international payments between 1790 and 1860 help ... (Read 69 times)

jon_i

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The statistical details on the U.S. balance of international payments between 1790 and 1860 help economic historians determine
 
  (a) what the U.S. sold domestically.
  (b) how other countries paid for their own domestic goods and services.
  (c) how the U.S. paid other countries for their exports.
  (d) changes in domestic trade patterns.

Question 2

The panic of 1893 was caused by the Sherman Silver Act of 1890, which doubled the Treasury's monthly purchase rates to 4.
 
  5 million ounces of silver at current market prices and was eased when President Cleveland called for the Act's repeal on June 30, 1893. Indicate whether the statement is true or false



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xoxo123

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Answer to Question 1

(c)

Answer to Question 2

True





 

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