Which of the Following Statements Is NOT True

question 33

Multiple Choice

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 I and II (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) Since March 1973, exchange rates have become much more volatile and less predictable than previous periods.