The reintroduction of the gold standard was intended to accomplish two objectives:
A)make the work of the IMF possible and stabilize currency values.
B)make currencies freely convertible into other currencies and stabilize currency values.
C)create the IMF and make it possible for Germany to pay war reparations.
D)allow European countries to finance rebuilding after World War II and stabilize currency values.

Question

Quizplus · Accepted Answer

The gold standard was a monetary system in which the value of a currency is based on a fixed amount of gold. By making currencies freely convertible into other currencies, it was intended to stabilize currency values. The reintroduction of the gold standard did not create the IMF or enable Germany to pay war reparations, nor was it solely directed towards financing European rebuilding after World War II.

The Reintroduction of the Gold Standard Was Intended to Accomplish