Economics P18 Flashcards
0
Q
Broadberry & Harrison proposed that the ratchet effect only reflects what?
A
Debt Service Payments
1
Q
What economists proposed that WWI created a ratchet effect?
A
Peacock & Wisemen
2
Q
John Maynard Keynes critiqued the Treaty of Versailles in what book?
A
The Economic Consequences of the Peace
3
Q
Lord Keynes argued the Treat of Versailles was preventing what?
A
An Integrated and Unified Europe
4
Q
Lord Keynes said the Treaty of Versailles was inconsistent with what?
A
Wilson’s 14 Points
5
Q
The Treaty of Versailles required Germany to pay how much in war reparations?
A
$33 Billion
6
Q
The German reparations were to be paid off at what rate until 1925?
A
$375 Million Annually
7
Q
After 1925, Germany paid how much for war reparations?
A
$900 Million Annually
(Partially for Interest)
