Author Question: What factor undermined the gold standard immediately following World War I? a. Significant number ... (Read 25 times)

WhattoUnderstand · **on:** Sep 4, 2018

What factor undermined the gold standard immediately following World War I?

a. Significant number of countries had to print more currency in order to finance the war effort.
b. President Wilson took the United States off the gold standard because of unsustainable deficits.
c. The war severely strengthened Britain's financial position.
d. The continuous discovery of vast amounts of new gold that helped the economy grow.

Question 2

The Bretton Woods system consisted of all of the following features except

a. a floating exchange rate.
b. the U.S. dollar fixed to gold.
c. the price of other currencies fixed to the dollar.
d. limits on the flow of capital.