The classical gold standard
A) Existed from early 1800's to early 1900's
B) Did not allow for imports and exports of gold
C) Led to the outflow of gold from surplus nations
D) Led to the inflow of gold to deficit nations

Question

Quizplus · Accepted Answer

The classical gold standard existed from the early 1800s to the early 1900s.

Answer: D
 The classical gold standard led to the inflow of gold to deficit nations as they needed to purchase gold in order to maintain the standard.

The Classical Gold Standard