In Late Nineteenth-Century Europe, Increased Competition for Foreign Markets and the Growing

Multiple Choice

In late nineteenth-century Europe, increased competition for foreign markets and the growing importance of domestic demand for economic development led to

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.