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What was the effect of Hoover's moratorium on wartime debt and reparation payments?

What was the effect of Hoover's moratorium on wartime debt and reparation payments?
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What was the effect of Hoover's moratorium on wartime debt and reparation payments?

User Arpwal
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It helped ease the international economic crisis. It also provided time for the country to recover.
User Loupax
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The moratorium only postponed the reality that European nations could not repay their debt is the correct one

User KirstieBallance
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