Under a gold standard in which one dollar could be turned in to the U.S. Treasury and exchanged for 1/20th of an ounce of gold and one Swiss Franc could be exchanged for 1/100th of an ounce of gold,an exchange rate of ________ francs to the dollar would stimulate a flow of gold from the United States to Switzerland.
A) 7
B) 6
C) 5
D) 4
Correct Answer:
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