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What Did the Increased Competition for Foreign Markets and the Growing

Question 30

Multiple Choice

What did the increased competition for foreign markets and the growing importance of domestic demand lead to in late nineteenth-century Europe?


A) The elimination of trade restrictions like tariffs
B) A strong reaction against free trade and imposition of steep protective tariffs by most nations
C) Greater economic instability and a sequence of ever deeper economic depressions
D) Closer economic cooperation among the great powers
E) Greater investment by the United States in the European economy

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