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Suppose the US is on a gold standard and the UK is on a silver standard. Is that more like a fixed exchange rate between
Suppose the US is on a gold standard and the UK is on a silver standard. Is that more like a fixed exchange rate between the US dollar and the British pound, or more like a floating exchange rate? Why?
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International Economics
Authors: Thomas Pugel
16th Edition
0078021774, 9780078021770
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