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The Result of Canada's Suspension of the Gold Standard Was

Question 40

Multiple Choice

The result of Canada's suspension of the gold standard was


A) the end of the gold standard.
B) a trade surplus because of the lower value of the Canadian dollar.
C) the final end of mercantilism.
D) the raising of trade and convertibility restrictions.
E) a collapse in the confidence in the Canadian monetary system.

Correct Answer:

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