In the late nineteenth century,which effect of a change in the gold standard would have been desired by the Populists?
A) A change to using the gold standard would have reduced currency instability and encouraged more international trade.
B) A change to using a silver standard would have allowed an appreciation of the dollar,thus helping exporters.
C) A change to using a silver standard would have allowed a devaluation of the dollar,thus helping exporters.
D) A change to using a silver standard would have increased imports and made manufacturing cheaper.
E) Going off the gold standard to a freely floating exchange rate would have allowed the government to deal more effectively with farm crises.
Correct Answer:
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