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I have a question. Assuming US did not enter WWI and German victory happened in 1918 with GErmany occupying France.

Is it possible to trade Pacific colonies? We know GErmany cannot dislodge Japan from it's Pacific gains. So it is possible to compensate Germany with French islands?

Japan would get German Pacific colonies in exchange for French Pacific colonies? And what happens to the French navy? Could the Germans demand the French to hand it over? And would the British allow it?
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