An "international" gold standard can be said to exist when
A) both gold and silver is assured of unrestricted coinage
B) there is absolutely no convertibility between gold and national currencies at a stable ratio
C) gold may not be freely exported or imported
D) gold alone is assured of unrestricted coinage

Question

Quizplus · Accepted Answer

An "international" gold standard refers to a monetary system in which gold alone is assured of unrestricted coinage. This means that countries participating in the gold standard would only mint their currency in gold, and the value of their currency would be directly tied to the value of gold. Countries would be able to freely exchange their currencies for gold at a fixed rate determined by the gold standard. The other options mentioned in the question do not accurately describe an international gold standard.

An "International" Gold Standard Can Be Said to Exist When