An important problem of the gold standard was that
A) it was too complicated and restricted business activity.
B) a country didn't have control of its domestic monetary policy.
C) exchange rates tended to fluctuate a great deal,making it difficult for businesses to make long-run plans.
D) one country could easily manipulate the system to its advantage and the disadvantage of other countries.
Correct Answer:
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A)gold standard.
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