Why was the gold standard suspended during WWI?

Why was the gold standard suspended during WWI?



A. It was no longer safe to transport gold.
B. Economic pressures of war caused countries to suspend pledges to buy and sell gold at their currencies' par values.
C. Countries were angry at opposing countries and refused to trade with them.
D. The Bank of England could not maintain the pound's value.
E. All of the above





Answer: B


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