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What was the purpose of abandoning the gold standard? Would it make sense for the U.S. to return to the gold standard? What would be
- What was the purpose of abandoning the gold standard?
- Would it make sense for the U.S. to return to the gold standard? What would be the benefit?
- Identify two possible problems with a gold standard and explain why those problems are created by a gold standard.
- Explain how shocks can spread among countries under an international gold standard
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