The advantages claimed for a bimetallic standard were not gained in actual practice because:
A)one of the metals disappeared from circulation because the mint and market ratios were not the same
B)the supply of gold was inadequate
C)the supply of silver and gold was not balanced among the nations that were on a bimetallic standard
D)all of the above

Question

Quizplus · Accepted Answer

The main issue with the bimetallic standard was that one metal often disappeared from circulation due to differences between mint and market ratios, leading to Gresham's Law where the undervalued metal would be hoarded or exported.

The Advantages Claimed for a Bimetallic Standard Were Not Gained