How the U.S. Scuttled the 1933 World Economic Conference
In the spring of 1933, global trade was being undermined by nationalistic economic responses to the Great Depression.
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In the spring of 1933, global trade was being undermined by nationalistic economic responses to the Great Depression, including currency devaluations, rising tariffs and declining prices.
After a year's planning, 66 nations gathered in London in June for the World Economic Conference to try to foster greater international cooperation.