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One disadvantage of the pre-1914 gold standard was that Multiple Choice O internal prices of economies being rigid, there arose uncertainty in the international trade.

One disadvantage of the pre-1914 gold standard was that Multiple Choice O internal prices of economies being rigid, there arose uncertainty in the international trade. O central banks often changed their announced gold prices to achieve competitive devaluations. O pressures to adjust were placed mainly on countries in payments deficit situations, and not on countries in surplus. O slow expansion of the world's gold stock led to too much inflation in the prices of products other than gold

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