Question

Prior to World War I, European nations

(A) created similar domestic regulations to ensure fair competition.
B controlled trade through tariffs but labor was relatively mobile.
C embraced a free market approach for both goods and labor.
D
made migration cumbersome but kept trade barriers relatively low.
E forbade the use of foreign currencies in domestic markets.

Answer 1

European nations prior to World War I controlled trade through tariffs but had relatively mobile labor.

Step-by-step explanation:

Prior to World War I, European nations had different approaches towards trade and labor. Option B is the correct answer. European nations controlled trade through tariffs, which are taxes on imported goods, but labor was relatively mobile. This means that while trade was regulated by tariffs, workers had the freedom to move and work in different countries.

Learn more about European trade and labor prior to World War I