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    Global Business Study Set 1
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    Exam 7: Dealing With Foreign Exchange
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    Under the Gold Standard,to Be Able to Redeem Its Currency
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Under the Gold Standard,to Be Able to Redeem Its Currency

Question 57

Question 57

True/False

Under the gold standard,to be able to redeem its currency in gold at a fixed price,every central bank needed to maintain gold reserves.

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