The International View of the Great Depression blames the contraction in the U.S. economy on
(a) the failure of the U.S. markets to permit a fall in aggregate prices under the
gold standard or to devalue its exchange rate.
(b) exports’ and imports’ large proportion of total GDP in the U.S.
(c) Great Britain abandoning the gold standard.
(d) all of the above.
ANSWER
(a)
Place an order in 3 easy steps. Takes less than 5 mins.