Unformatted text preview: Topic: Classical Gold Standard: 1875-1914 Topic: Evolution of the International Monetary System 29. During the period between World War I and World War II, A. the major European powers and the U.S. returned to the gold standard and fixed exchange rates. B. while most countries abandoned the gold standard during World War I, international trade and investment flourished during the interwar period under a coherent international monetary system. C. the U.S. dollar emerged as the dominant world currency, gradually replacing the British pound for the role. D. None of the above. Topic: Evolution of the International Monetary System Topic: Interwar Period...
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- Spring '11
- Foreign exchange market, United States dollar, International Monetary System