Question: Which was a consequence of the US ending the post-World War II quasi-gold standard in the early 1970s? The GATT was replaced with the WTO.

Which was a consequence of the US ending the post-World War II quasi-gold standard in the early 1970s? The GATT was replaced with the WTO. The World Bank stopped issuing loans to developing countries. It ushered in the end of fixed exchange rates and the start of floating exchange rates. Developing countries embraced austerity

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