In the 1930s,confidence in the _____ was shattered because countries were devaluing their currencies at will.
A)fixed exchange system
B)gold standard
C)currency boards
D)Bretton Woods system

Question

Quizplus · Accepted Answer

The net result of actions of countries in the 1930s was the shattering of any remaining confidence in the gold standard system.With countries devaluing their currencies at will,one could no longer be certain how much gold a currency could buy.

In the 1930s,confidence in the _____ Was Shattered Because Countries