History · The Making of a Global World
Consider the following statements regarding the economic impact of the First World War on the United States (US): Statement I: The First World War transformed the US from an international creditor to an international debtor. Statement II: By the end of the war, the US and its citizens owned more overseas assets than foreign governments and citizens owned in the US. Which of the following options is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only Statement I is correct
- 2Only Statement II is correct✓
- 3Both Statement I and Statement II are correct
- 4Both Statement I and Statement II are incorrect
Correct answer
Only Statement II is correct
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