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geniusboy [140]
3 years ago
10

Which of the following most contributed to anti-foreign sentiment in china during the age of imperialism

History
2 answers:
Leni [432]3 years ago
5 0
The answer is A.


Hope this helps
LenKa [72]3 years ago
3 0
I believe the proper answer is A
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During the period between World War I and World War II,
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The correct answer is the letter b) the U.S. dollar emerged as the dominant world currency, gradually replacing the British pound for the role.

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The dollar became a reference throughout the world in the first half of the 20th century, when the gold standard, adopted until then, failed. Until the beginning of the First World War, financial institutions adopted a fixed rate for their currencies in relation to the other. Trade negotiations were carried out respecting this fixed price, preventing some countries from altering their exchange rate to increase their exports and reverse trade deficits, thus guaranteeing the stability of the economy.

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Still in the midst of world conflict, 730 delegates from 44 countries met in July 1944 in Bretton Woods, United States,

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More comprehensive, according to Colistete, Keynes' proposal was centered on the creation of the International Clearing Union (ICU), which would have the role of generating and regulating credit in order to avoid very large economic fluctuations, as occurred in the interwar period. In addition, a new currency unit, the bank, would be created. White's proposal maintained the link between the exchange rate and gold, but the dollar would be the only currency with a value directly fixed in gold (US $ 35 per ounce of gold). Thereafter, all other countries would have a fixed value for their currency against the US currency.

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3 years ago
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