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European economic history

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How did the economic policies of developed countries after the second world war differ from their policies after the first world war? the "policies referred to here are those which most directly affect international trade.

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The economic world between the wars (especially during the Depression) was based on .........

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The economic world between the wars (especially during the Depression) was based on mercantilistic begger-thy-neighbor polices. That is to say, expand your exports while keeping out imports with high tarrif walls. of course, two can play that game and the world descended into economic misery. There also was a slavish following to the gold standard, which meant currency exchange rates were based on gold. This allowed ...

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