How are trade deficits and trade surpluses automatically eliminated under the gold standard?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:34 AM

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How are trade deficits and trade surpluses automatically eliminated under the gold standard?

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Price specie flow mechanism is the automatic adjustment mechanism under gold standard The ...View the full answer

International Economics

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