Question
Suppose that the dollar was pegged to gold at $20 per ounce, the French franc is pegged to gold at 60 francs per ounce and
Suppose that the dollar was pegged to gold at $20 per ounce, the French franc is pegged to gold at 60 francs per ounce and to silver at 4 francs per ounce of silver, and the German mark pegged to silver at 2 mark per ounce of silver. What would the exchange rate between the U.S. dollar and German mark be under this system?
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Who Is Your Competition You Real Estate Wholesaling Questions Answers And Tools To Help Beginners Crush Their Fears And Stop Procrastinating
Authors: Nick Zalonis
1st Edition
1716097193, 978-1716097195
