What was the primary benefit derived from the gold standard?
A)Domestic monetary autonomy
B)Capital mobility
C)Stability
D)A rise in global income

Name: What was the primary benefit derived from the gold standard? A)Domestic monetary autonomy B)Capital mobility C)Stability D)A rise in global income
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Question

Quizplus · Accepted Answer

The primary benefit of the gold standard was stability, as it provided a fixed exchange rate among currencies and stabilized prices by linking them to the value of gold.

What Was the Primary Benefit Derived from the Gold Standard