Why did the adoption of the gold standard facilitate global trade?

Question

Quizplus · Accepted Answer

The adoption of the gold standard created a predictable way to exchange international currencies, which facilitated global trade. The value of currencies could be tied to a fixed amount of gold, providing stability in exchange rates and reducing uncertainty in transactions. This made it easier for countries to engage in international trade with one another. The other options are incorrect: A is false, as the International Monetary Fund was established decades after the gold standard was adopted; B is partially true, but not the primary reason for the adoption of the gold standard; and D is irrelevant, as trade barriers against gold were not a significant factor in facilitating global trade.

Why Did the Adoption of the Gold Standard Facilitate Global