Which of the following statements about the gold standard is not true?
A) London was the undisputed center of international trade and finance
B) International trade and international capital flows were mostly unrestricted
C) International liquid capital flows were mostly stabilizing
D) Countries were able to return to pre-war parities after World War I.

Question

Quizplus · Accepted Answer

Countries were not able to return to pre-war parities after World War I due to the significant economic disruptions caused by the war. This led to a period of instability in the international monetary system known as the interwar period.

Which of the Following Statements About the Gold Standard Is