Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How did the gold standard historically affect international trade? Multiple Choice It increased volatility in international trade due to fluctuating gold prices It facilitated smoother

How did the gold standard historically affect international trade? Multiple Choice It increased volatility in international trade due to fluctuating gold prices It facilitated smoother international trade by providing a stable currency exchange mechanism It had no significant impact on international trade It discouraged international trade by making currencies less flexible

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Principles of Economics

Authors: Tyler Cowen, Alex Tabarrok

3rd edition

1429278390, 978-1429278416, 1429278412, 978-1429278393

More Books

Students also viewed these Economics questions

Question

distinguish between manufacturer and ownlabel brands

Answered: 1 week ago

Question

1. Avoid listening to tattle tale stories about students.

Answered: 1 week ago