27. America's European allies argued that they should not have to repay loans that the U.S. made to them during World War I because a) the U.S. had owed them about $4 billion before the war. b) the amount of money involved was not significant. c) they had paid a much heavier price in lost lives, so it was only fair for the U.S. to write off the debt. d) the U.S. was making so much money from Mexican oil that it did not need extra dollars. e) Germany was not paying its reparations to them, so they could not afford to pay off the loans.

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