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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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More than half the people in Canada live in cities and towns near the Great Lakes and the St. Lawrence River in southern Quebec and Ontario, known as Central Canada and the industrial and manufacturing heartland. Southern Ontario and Quebec have cold winters and warm humid summers.Hope this helps
Answer:
True
Explanation:
Modernism period from 1880 to 1920, emerged as the dominant form aiding in human progress. It was a scientific rationality and the growth of human conscience above the set norms of society. It believed in the pursuit of knowledge through scientific endeavors as well as one's rational thoughts.
Modernism is the departure from historical tradition which conformed to the idea of truth being rigid. In Modernism, one finds a philosophy or worldview that believes in fluidity and newness associated society and to various art forms.
As Ezra Pound said: "Make it New"
Please regard that the comparison table is missing, but I'll give you a general idea. First, the comparison must be made according to the following aspects: cost, utility, model, and convenience of the car. In the same way, it is necessary to know if you are buying a used or a new one from the dealer. According to this, the utility of the Volkswagen depends on the type of model, and its final use. If someone were going to buy a family car, the Volkswagen would offer more space, a better design, a good speed and more convenient price than a mini cooper. If instead, the person seeks to buy the car just for him and to travel, maybe the Cooper is more convenient for its speed, but it is usually a more expensive car even without taking into account the model and year of manufacture. So that, the Jetta has the advantage of size, price, utility, and warranty, that although the Cooper also meets the last two, its high price and size would not work for a family car.
