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According to Economist Richard Gill,the Gold Standard

Question 65

Multiple Choice

According to economist Richard Gill,the gold standard


A) would never lead to a balance between imports and exports under normal conditions.
B) was doomed to failure because there was not enough gold in the world.
C) in effect gave the world a single common currency.
D) may be appropriate for a single country but was too complex for use in a world of many different currencies.
E) leads inevitably to international inflation.

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