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    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
  5. Question
    If Nations Adopt a Gold Standard Where Various Countries' Money
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If Nations Adopt a Gold Standard Where Various Countries' Money

Question 284

Question 284

True/False

If nations adopt a gold standard where various countries' money supply is tied to gold, then there
will in effect be a fixed exchange-rate system.

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