Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The price-specie-flow mechanism is an automatic mechanism for assuring ________________. a. external balance under the gold standard b. internal balance under the gold standard c.
The price-specie-flow mechanism is an automatic mechanism for assuring ________________. a. external balance under the gold standard b. internal balance under the gold standard c. internal balance under floating exchange rates d. external balance under floating exchange rates
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started