If, Under the Gold Standard, the Par Value of the Swiss

Multiple Choice

If, under the gold standard, the par value of the Swiss franc in terms of the dollar is $0) 80, and if it costs $0.01 to move one franc's worth of gold between the countries, then The "gold export point" from the United States is at __________, and the "gold import
Point" into the United States is at __________.

A) $0.80 = 1 Swiss franc; $0.80 = 1 Swiss franc
B) $0.79 = 1 Swiss franc; $0.81 = 1 Swiss franc
C) $0.81 = 1 Swiss franc; $0.79 = 1 Swiss franc
D) $0.82 = 1 Swiss franc; $0.78 = 1 Swiss franc