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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    Under the Gold Standard, Gold Would Leave the Country If
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Under the Gold Standard, Gold Would Leave the Country If

Question 87

Question 87

True/False

Under the gold standard, gold would leave the country if the country's overall balance of payments was in surplus.

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