Abandonment of Gold Standard during Inter-War Period

As explained in The_Gold_Standard_during_the_Inter-War_Period, most countries returned to the gold standard after World War I, implying that the countries maintained a stable exchange rate with gold and allowed currency convertibility with gold.  The article on the gold standard explains the three different ways that countries went back to the gold standard, but the article does not go on to explain the implications that followed from teh three different ways (reform, stabilization, and restoration).  Looking at the three major European countries during the inter-war period we can see the problems that arise due to the lack of international cooperation.  Global imbalances, among other factors which will be discussed below, eventually led to the abandonment of the Gold Standard by the major European countries and the United States.