MCQ
What major change occurred for the $US$ after World War I?
  • A
    $US$ owed money to many countries.
  • The war transformed the $US$ from being an international debtor to an international creditor, as Britain had borrowed a lot of money from the $US.$
  • C
    $US$ lost credentials in the world economy.
  • D
    $US$ suffered many losses.

Answer

Correct option: B.
The war transformed the $US$ from being an international debtor to an international creditor, as Britain had borrowed a lot of money from the $US.$
The war transformed the $US$ from being an international debtor to an international creditor, as Britain had borrowed a lot of money from the $US.$

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