Why did Americans want to trade in gold and silver? British pounds were hard to come by. American dollars were devalued. Coins from all countries made exchange rates complicated. Gold and silver was easy to obtain.

because since every country has their own currency for example our dollar is devalued by the englands pound because 1 pound to them is worth alot more then 1 dollar here so gold and silver were values the same all over the world which allowed them to trade easier

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scouteo scouteo · Answer 2 · 2018-12-14T01:03:59+01:00

The correct answer is A) British pounds were hard to come by.

Americans want to trade in gold and silver because British pounds were hard to come by.

One of the main problems of colonial America was the lack of money. Great Britain controlled the colonies. For the British, the legal mean for trading was gold and silver. It was known as a bimetallic system. British currency was hard to find in the colonies. So the value of the products the colonies imported from Great Britain was more than the value of the goods they exported

In 1786, an office called the Board of Treasury fixed a portion of silver weight to give value to the dollar: It was 375 and 64/100s grains of fine silver. From then on, the value of gold had to be calculated with the equivalent of the silver dollar.