Each of the following is a requirement of a gold standard except

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A gold standard requires a fixed exchange rate between gold and currency, meaning that a nation defines its currency in terms of gold (A) and maintains a fixed ratio between its gold stock and its money supply (B). Additionally, there must be no barriers to the free flow of gold into and out of the country (D). However, a gold standard does not require a constant average price level (C), as changes in the supply and demand for goods and services can lead to fluctuations in prices even under a gold standard.

Each of the Following Is a Requirement of a Gold