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.
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Answer:
Quota- this is a set amount to receive/give.
Tariffs could also be applied to make it more expensive.
Answer:
1. He limited the political rights of Russians.
Explanation:
He was an oppressive guy.
<span>The Ursuline order and Society of Jesus had their goals and practices grounded in the idea of re-implementing an ideal of christianity on mothers and wives in the area, as a means of further spreading the faith, and more importantly strengthening the foundational stronghold in the given region.</span>
Minimum wage is the lowest amount a worker can be paid per hour. In the US, minimum wage is $7.25, meaning that any low paid worker must be paid at least 7.25 an hour, otherwise the employer can get sued or arrested for using unpaid labor.
