A gold standard has the advantage of
A) Providing adequate exchange reserves.
B) Providing a politically dependable source of exchange reserves.
C) Providing greater stability for exchange rates in the short run.
D) Holding the balance of payments to zero for all countries.
Correct Answer:
Verified
Q81: Ceteris paribus,if the French decide they want
Q83: A major problem with countries setting fixed
Q85: Q85: Under a system of fixed exchange rates Q87: Excess demand for a specific foreign currency,such Q88: The fact that the United States has Q88: The amount by which the quantity demanded Q93: Ceteris paribus,if Canadians decide they want to Q98: The inflow of foreign investment into the Q99: Because of the United States' long-standing trade
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