Which country withdrew loans that affected other countries' economies?

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Britain

France

Japan

answer is B.

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Detailed Solution

The US withdrew loans that affected other countries' economies.
Many nations used US loans to finance their investments in the middle of the 1920s. At the first hint of danger, US foreign lenders went into a frenzy. Much of the rest of the globe was impacted by the US pulling its loans, though in different ways. It caused the downfall of some significant banks and the devaluation of currencies like the British pound sterling in Europe. It made the decline in agricultural and raw material prices worse everywhere, including in Latin America. The US's attempt to preserve its economy during the Great Depression by raising import levies also severely harmed global trade.

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