Multiple Choice
What was one of the major reasons the gold standard fell apart?
A) Countries fighting in World War I printed excessive amounts of money to finance their war efforts.
B) Military campaigns during World War I stole much of the gold from foreign central banks.
C) Gold lost its value and was no longer reliable.
D) Gold became too rare and costly to maintain adequate reserves.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: _ allow participants to buy and sell
Q37: Where does the International Monetary Fund receive
Q38: Identify the concept behind the Big Mac
Q39: Which of the following best describes a
Q40: A deficit in the current account does
Q41: In the trade relationship with China, why
Q42: Which of the following is NOT one
Q43: The International Monetary Fund offers both loans
Q44: The Bretton Woods system was formed at
Q45: Briefly explain the cause for the fall