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around 1870 the british pound was on a gold standard, the german mark was on a silver standard, and the french franc was on a
around 1870 the british pound was on a gold standard, the german mark was on a silver standard, and the french franc was on a bimentallic standard. to determine the exchange rate between the british pound and the german mark, we would need to rely on
a. the exchange rate between the british pound and the french franc
b. both exchange rates listed
c. neither exchange rate listed
d. the exchange rate between the german mark and the french franc
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