When the English pound appreciated against a colonial currency, this s

When the English pound appreciated against a colonial currency, this signaled

(a) that colonists needed more colonial currency to buy an English pound.
(b) that colonists needed less colonial currency to buy an English pound.
(c) that colonists needed more colonial and Spanish currency to buy an
English pound.
(d) nothing of economic importance.

 

ANSWER

(a)

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