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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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