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sveta [45]
3 years ago
14

4. Evaluating What must a country do to establish a gold standard?

History
1 answer:
Korvikt [17]3 years ago
3 0

The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price.



:) hopes this helps
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