1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brrunno [24]
1 year ago
12

the rules of the game. under the gold standard, all national governments promised to follow the "rules of the game." what did th

is mean?
Social Studies
1 answer:
wariber [46]1 year ago
6 0

All national governments agreed to abide by the "rules of the game" under the gold standard. The defense of a fixed exchange rate was required.

A monetary system known as the "gold standard" links a currency's value directly to gold. As a result, the money is guaranteed by the government and can be exchanged for a specific amount of gold. A fixed exchange rate helps to ensure the smooth flow of money from one country to another.

Gold standard means, The amount of gold that a nation's central bank or treasury kept constituted the upper limit on its money supply. Any change in its gold holdings had to be accompanied by an equal adjustment in the number of outstanding local currency units.

According to the "rules of the game," nations that lost gold were required to raise interest rates and reduce their money supply, while nations that gained gold were required to lower interest rates.

To learn more about gold standard here

brainly.com/question/9222673

#SPJ4

You might be interested in
Belief that science has caused more problems
deff fn [24]

Answer:

This belief is called Anti-science.

Explanation:

Anti-science is an ideology adopted by a person or institution, which defends incorrect interests as superior to science, discredits research and scientific discoveries and still places science as something vile, contradictory and incompetent that creates more problems than solutions, making people unhappy, weak and sick.

8 0
3 years ago
Which term does NOT describe WEATHER conditions in Greece?
vichka [17]
I think it is D mild I am just guessing.
8 0
2 years ago
Read 2 more answers
1. Which European country has the most free (from government control) economy? a. United Kingdom b. Germany c. Russia​
Aliun [14]

Im pretty sure the answer is A but somebody check me if im wrong

7 0
2 years ago
Which of the following examples best illustrates how functional distance plays a role in the propinquity effect?a) Lisa made mor
Darina [25.2K]

Answer:

D. Marge, whose cubicle is right next to both the kitchen and the elevator, is one of the most popular people in the entire office

Explanation:

Did this assignment all ready.

4 0
3 years ago
32. a pedestrian crossing sign is an example of a regulatory sign.
viva [34]
The answer to your question is true
7 0
2 years ago
Other questions:
  • How did the Russian revolution help precipitate the Cold War?
    15·1 answer
  • According to the this map, which four regions are the most densely populated?
    15·1 answer
  • How are the governments of Australia and the Pacific islands similar? How are they different?
    7·1 answer
  • Advertisements for a new energy drink claim that it helps people concentrate, and you are designing an experiment to test the hy
    6·1 answer
  • Jonathan is afraid to ask a girl for a date, so his therapist instructs him to relax and simply imagine he is reaching for his c
    9·1 answer
  • China’s 3D express coach runs primarily on __________ power.
    14·2 answers
  • Definition of human trafficking​
    12·2 answers
  • With practical examples,examine six ways in which science and Technology have influence our cultural beliefs and values.​
    14·1 answer
  • Analyze the impact of environmental destruction on society
    7·1 answer
  • Alice is taller than Bob, and is heavier than Charles. Ed is heavier than both Diane and Alice, and is shorter than Bob. Diane i
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!