Question 19What was the mito?A labor tax on indigenous peoples in the AndesO A tax on silver production in Spanish coloniesO A tax on sugar consumption in SpainO A tax on wages earned in textile mills in South AsiaQuestion 20Why is the Chinese word for "bank" significant?Because it literally means "silver shop," pointing to importance of silver in early modern ChinaBecause banks were foreign concepts in China until the 1700sBecause banks allowed peasants to take out laans and acquire landO Because the word for bank is the same as the word for copper, which is what most money in China wasmade from

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Question 19 What was the mito? O A labor tax on indigenous peoples in the Andes O A tax on silver production in Spanish colonies O A tax on sugar consumption in Spain O A tax on wages eaned in textile mills in South Asia

Question 19 What was the mito? O A labor tax on indigenous peoples in the Andes O A tax on silver production in Spanish colonies O A tax on sugar consumption in Spain O A tax on wages eaned in textile mills in South Asia

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter19: The International Monetary System: Order Or Disorder

Section: Chapter Questions

Problem 8DQ

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