Economics 1) Assume that under the gold standard, Country A sets its currency mint parity at $50 = 1 oz., while Country B sets its mint parity at P100 = 1 oz.. Assume the shipping cost between the two countries is $1 per oz. What is the price ceiling on Country A's foreign exchange (in S)? 2) Which of the following is a similarity between the gold standard and the Bretton Woods system? Group of answer choices Exchange rates enjoyed limited flexibility around a central par value. The par value could not be changed Central banks actively intervened in the foreign exchange market. Speculators acted as a destabilizing factor of the exchange rate