The Dawes Plan temporarily solved the financial tangle of the mid-1920s by
A) accepting British bases in America in lieu of loan repayment.
B) persuading France and Britain to reduce Germany's war reparations.
C) permitting British and French gold reserves in Switzerland to serve as guarantees for eventual repayment.
D) developing a stretched-out schedule of Allied loan repayments at lower interest rates.
E) loaning money to Germany so it could pay war reparations to the Allies, who could then repay the United States.
Correct Answer:
Verified
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