Which of the following were advantages of the gold standard?

Name: Which of the following were advantages of the gold standard?
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Question

Quizplus · Accepted Answer

The gold standard helped correct trade imbalances by ensuring that a country's exports were paid for with gold, reducing exchange-rate risk by fixing exchange rates to gold, and imposing strict monetary policies by limiting a country's ability to print money. Therefore, all of the options listed were advantages of the gold standard.

Which of the Following Were Advantages of the Gold Standard