Under the international gold standard,the inflow and outflow of gold were intended to maintain economic balance between countries.

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Under the international gold standard, countries agreed to redeem their currency for a fixed amount of gold, which meant that the inflow and outflow of gold served as a mechanism for maintaining economic balance between countries. If a country imported more goods than it exported, it would have to pay for the difference in gold, which would decrease its gold reserves and reduce the money supply. Conversely, if a country exported more than it imported, it would receive gold payments, which would increase its gold reserves and expand the money supply. This system was intended to prevent countries from running persistent trade deficits or surpluses and to promote stable exchange rates.

Under the International Gold Standard,the Inflow and Outflow of Gold