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In 2021, the United States primary production of gold was 270 metric tons, against consumption of 250 tonsyet we still imported 190 more tons of
In 2021, the United States primary production of gold was 270 metric tons, against consumption of 250 tonsyet we still imported 190 more tons of gold. What is the most likely rationale for importing the extra gold? To remain competitive in the international race for mineral resources. Gold in the United States carries more value than in other countries. To encourage a return to the gold standard monetary system. To stay on good trade terms with other countries having more critical commodities that the United States also wishes to import
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