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प्रश्न
Answer briefly
Discuss the importance of Ottawa Economic Summit.
उत्तर
When British trade was badly affected by the Great Depression of 1929, it transferred its effect on its colonies by signing a bilateral trade with them. This was called as Economic summit at Ottawa in 1932. It was agreed by the colonies that they will prefer only British goods and not any other goods.
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संबंधित प्रश्न
Choose the correct statement.
Assertion: A new wave of economic nationalism which expressed itself in protectionism affected the world trade.
Reason: This was because the USA was not willing to provide economic aid to the debtor countries.
Answer briefly
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The main cause of the depression was the collapse of ______.
What were the causes of the Great Economic Depression?
What do you understand by the term ‘Inflation’?
Position of America at the end of I world war -
What was the impact of the fall of the U.S. economy all over the world?
