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Can you tell me which of these statements is correct? a. Convertibility was not guaranteed under the fold standard. b. Under the gold standard, currencies
Can you tell me which of these statements is correct? a. Convertibility was not guaranteed under the fold standard. b. Under the gold standard, currencies were pegged to gold. c. The gold par value was $1=113 grains of the gold. d. Dollarization allowed countries to abandon their currencies in favor of gold
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