Question 7 0.25 pts According to, "Exchange Rates-Economics USA," gold was exported from the USA in the early 1930s because: O It could command a higher price overseas. US consumers preferred silver jewelry to gold jewelry. O People believed that the US would soon abandon the gold standard. US interest rates were too high relative to its trading partners. Question 8 0.25 pts According to, "Exchange Rates-Economics USA,"after the UK abandoned the gold standard the value of the British pound __ and this caused UK exports to ___ and imports to_ O fall, fall, rise fall, fall, fall O rise, fall, rise Ofall, rise, fall