Which two instruments of economic policy helped states gain more control over the flow of economic activity in the period of deglobalization that followed the Great Depression?
A) capital controls and currency devaluation
B) currency devaluation and import quotas
C) tariffs and capital controls
D) tariffs and capital investments

Question

Quizplus · Accepted Answer

Tariffs and capital controls helped states gain more control over the flow of economic activity in the period of deglobalization that followed the Great Depression. Tariffs raised the cost of imported goods, making domestically produced goods more competitive. Capital controls restricted the movement of financial capital across borders, allowing states to maintain their own economic stability by controlling foreign investments and currency flows.

Which Two Instruments of Economic Policy Helped States Gain More