Question

Which of the following was considered a benefit of the Gold Standard adopted and practiced by countnes through the 20th century? Eitablistred fixed nuchange ratel Countries had to be concervative with their inonetary policers E hiniged countries cotiect trade imbalances Whet this above gutstion 3

Answer 1

Gold standard amonetary standard under which the basic currency unit is equal to and can be exchanged for a specific amount of gold