Which of the following scenarios can be classified as an unintended consequence of the Gold Standard ?
A) Countries were unable to change the value of their currency, which inherently affected their ability to trade competitively.
B) Latin American countries were forced to turn away from the global economy and subsequently relied on state-sponsored economic policies.
C) The League of Nations imposed unreasonable economic standards, which sparked the Great Depression.
D) Colonial economies, which had been developed to export raw materials for industrial centers in the Global North, saw their export-driven economies collapse.

Question

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The Answer of Which of the following scenarios can be classified as an unintended consequence of the Gold Standard ?
A) Countries were unable to change the value of their currency, which inherently affected their ability to trade competitively.
B) Latin American countries were forced to turn away from the global economy and subsequently relied on state-sponsored economic policies.
C) The League of Nations imposed unreasonable economic standards, which sparked the Great Depression.
D) Colonial economies, which had been developed to export raw materials for industrial centers in the Global North, saw their export-driven economies collapse.

Which of the Following Scenarios Can Be Classified as an Unintended