The financial booms and busts over recent years cause some people to call for a return to
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The financial booms and busts over recent years cause some people to call for a return to the gold standard. They point out that the gold standard reduced exchange rate risk, imposed strict monetary policies on nations, and helped correct national trade imbalances. Do you think a new gold standard could be successful today? Explain.
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The idea of returning to the gold standard has been proposed by some individuals in response to the financial volatility and economic uncertainty expe...View the full answer
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Related Book For 
International Business The Challenges Of Globalization
ISBN: 9781292450315
10th Global Edition
Authors: Kenneth Wild
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