alleryAfter WWI, Britain's wartime borrowing made it a:
ANet global creditor
BSelf-sufficient economy
CNet global debtor
DNeutral financier
Answer & Solution
Correct answer: C. Net global debtor
1. syllabus discusses WWI's economic legacy.
2. Britain — once the world's leading economy — emerged from the war burdened with huge external debts.
3. India and other parts of the empire were affected by Britain's economic difficulties.
_Source: syllabus History India and the Contemporary World - II, Ch 3 "The Making of a Global World", §Post-war ¶1_
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