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2 years ago

The gold standard emerged at the center of the international monetary system in the ___________ until the first world war

1 answer:

3 0

The gold standard emerged at the center of the international monetary system in the 1880s until the first world war.

A monetary standard under which the basic unit of currency is the same in fee to and exchangeable for a precise quantity of gold.

National money and other sorts of cash (bank deposits and notes) were freely converted into gold on a fixed price. England followed a de facto gold fashionable in 1717 after the master of the mint, Sir Isaac Newton, overrated the guinea in terms of silver, and formally adopted the gold widespread in 1819.

The gold standard was the basis for the global monetary system from the 1870s to the early 1920s, and from the overdue Twenties to 1932 in addition to from 1944 till 1971 while America unilaterally terminated convertibility of america greenback to gold overseas important banks, efficaciously ending the Bretton Woods.

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Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

The answer is b.

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the imbalance in the two prices on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

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3 years ago

Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti

gogolik [260]

Answer:

The correct answer is $4,500.

Explanation:

According to the scenario, the given data are as follows:

Uncollectible Account receivable = $5,000

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So, we can calculate the bad debt expense by using following formula:

Bad debt expense = Uncollectible Account receivable - Allowance for Doubtful Accounts

by putting the value, we get

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= $4,500.

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3 years ago

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3 years ago

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Answer:

aggregate demand curve; right

Explanation:

Inflation can be regarded as

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3 years ago

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Answer:

Cost of goods will be $4670325

Explanation:

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