Under the gold standard, a nation with a balance of payments deficit would experience a gold:

Name: Under the gold standard, a nation with a balance of payments deficit would experience a gold:
Brand: Quizplus
Rating: 4.9 (61 reviews)

Question

Quizplus · Accepted Answer

Under the gold standard, a nation with a balance of payments deficit would see gold flow out of the country to settle international debts. This outflow of gold would lead to a reduction in the nation's money supply, as the money supply was directly tied to the amount of gold held by the nation.

Under the Gold Standard, a Nation with a Balance of Payments