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Ipatiy [6.2K]
3 years ago
12

World War I caused the suspension of the gold standard for fixed international exchange rates because the war:

History
1 answer:
Zina [86]3 years ago
7 0

Answer:

Option B, interrupted the free movement of gold, is the right answer.

Explanation:

  • A monetary system in which the standard economy unit is based on a fixed amount of gold is known as the Gold Standard.
  • Throughout the Nineteenth and the Twentieth Century, many countries used this system of Gold Standard.
  • With the end of 1913, the gold standard was at its zenith but the First World War caused many countries to abandon it.
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