During the gold standard era,the "rules of the game" suggested that:
A) Surplus countries should increase their money supplies
B) Deficit countries should increase their money supplies
C) Surplus and deficit countries should increase their money supplies
D) Surplus and deficit countries should decrease their money supplies

Question

Quizplus · Accepted Answer

Surplus countries were expected to increase their money supplies to counteract the inflow of gold, which would help maintain balance in international payments.

During the Gold Standard Era,the "Rules of the Game" Suggested