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QUESTION
An Economic Bias toward England and France German actions on the high seas did much to draw United States into the struggle, but American economic...
$27 million
Exercise #7
- How much [in dollars] did trade increase with the Allies from 1914 to 1916? How much [in dollars] did trade decrease with Germany from 1914 to 1916? How much [in dollars] more did the United States loan England and France than Germany?
- In your opinion, was American economic policy truly neutral by 1917?
- Can you imagine that the Allies might have difficulty repaying the $2.3 billion in loans if they lost the war? Might that have affected American policy?
