Why is the gold standard a type of fixed exchange rate system?

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International Business

ISBN: 272390

9th Edition

Authors: Ricky W. Griffin, Michael W. Pustay

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Question Posted: Apr 30, 2024 01:00 AM

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Why is the gold standard a type of fixed exchange rate system?

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The gold standard is a type of fixed exchange rate system because it establishes a fixed relationship between the value of a countrys currency and a s...View the full answer

International Business

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