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  3. Study Set
    Introduction to International Economics
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    Exam 13: Automatic Adjustments With Flexible and Fixed Exchange Rates
  5. Question
    The Price-Specie-Flow Adjustment Mechanism Operates by the Deficit Nation Losing
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The Price-Specie-Flow Adjustment Mechanism Operates by the Deficit Nation Losing

Question 34

Question 34

True/False

The price-specie-flow adjustment mechanism operates by the deficit nation losing gold and experiencing a reduction in its money supply.

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