When firms had faith in a country's pledge to exchange its currency for gold, how did most prefer to be paid?
A) in gold
B) in paper currency
C) in credit
D) in U.S. dollars
Correct Answer:
Verified
Q5: When the gold standard ended _.
A) currency
Q6: What was created by the gold standard?
A)
Q7: When did the sterling-based gold standard begin
Q8: An _ is the price of one
Q11: Which term refers to linking a currency
Q12: Under a _, the price of a
Q13: The Bank of England no longer redeemed
Q14: From 1821 until the end of World
Q90: The _ refers to an international monetary
Q97: Under the gold standard,_.
A) currency values were
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