What was the effect of Hoover's moratorium on wartime debt and reparation payments?
A. It gave Germany and other countries time to reorganize their banking system.
B. The moratorium helped European nations stabilize their currencies.
C. It allowed for European countries to restructure their debt and receive additional support from Asia.
D. The moratorium only postponed the reality that European nations could not repay their debt.
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The moratorium helped European nations stabilize their currencies.
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