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Lilit [14]
3 years ago
15

Gold standard required countries to A. keep the supply of foreign exchange less than their domestic money supply. B. restrict th

e demand for foreign goods. C. keep the supply of their domestic money constant. D. keep the supply of their domestic money fixed in proportion to their gold holdings.
Business
1 answer:
vladimir1956 [14]3 years ago
4 0

Answer:

D.) Keep the supply of there domestic money fixed in proportion to their gold holdings.

Explanation:

The Gold Standard was a monetary system under which countries fixed the value of their money in terms of a specified amount of gold. With the gold standard, countries agreed to convert the paper money into a fixed amount of gold.

Hope this helps you out! : )

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