Which of the following statements is NOT true?
A)The Gold Standard Era was characterized by growing openness in trade, but limited capital mobility.
B)The time period between world wars 1 and 2 (the inter war Years)witnessed significant reductions in trade barriers and a rapid acceleration in international trade.
C)The Bretton Woods Era (post WWII)realized the increasing benefits of open economies. Furthermore, trade was increasingly dominated by capital.
D)In fact, all of the above statements are true.

Question

Quizplus · Accepted Answer

During the interwar years, there were actually increases in trade barriers and a decline in international trade, not reductions and acceleration.

Which of the Following Statements Is NOT True