By 1880,most of the world's major trading nations,including Great Britain,Germany,Japan,and the United States,had adopted the
A) diamond standard.
B) gold standard.
C) federal reserve standard.
D) platinum standard.
E) fixed exchange rate system.

Question

Quizplus · Accepted Answer

By 1880, most of the world's major trading nations had adopted the gold standard, whereby currencies were backed by gold and could be exchanged for a fixed amount of gold.

By 1880,most of the World's Major Trading Nations,including Great Britain,Germany,Japan,and