Which of the following was NOT an economic advantage held by the United States at the outset of the Cold War?
A. Large quantities of gold received from Japan and Germany as war reparations allowed the United States to give out loans to other countries at high interest rates.
B. The General Agreement on Tariffs and Trade (GATT) benefited American manufacturers by opening markets for a variety of consumer goods as well as industrial equipment.
C. The war had doubled U.S. productive capacity while wrecking that of Europe and the Soviet Union.
D. The United States made loans available to other countries, but with the condition the U.S. would have the right to sell large quantities of goods to the borrowing nation.
Answer: A
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