In 1750, there were at least four different kinds of paper money being used in the colonies. This was very confusing and made it hard to do business between the colonies.

True.

Explanation:

In 1750 the American colonies did not have a unified currency and demanded several paper money circulating in the colonies which caused a lot of confusion in commercial transactions, in addition to weakening trade and the local economy. For this reason, one of the first changes brought about by the federal government was the creation of a unified currency that would be used in all states of the country.

answer; protectionism fosters competition and keeps price regulated;