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: it wouldnt let me add my answer cause it was innapproate
Explanation:
Answer:
Human capitals
Explanation:
It can be classified as the economic value of a worker's experience and skills
Trial courts that exercise jurisdiction over the subject matter of a lawsuit are called: Courts of Original Jurisdiction.
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What is a court of original Jurisdiction?</h3>
The right of a court to be the first instance court over a subject, substance, or party is referred to as original jurisdiction. It should be remembered that this jurisdiction is available at all levels of court.
A family law court, for example, has the power to consider a child custody dispute but not a burglary case. As a result, the family law court has exclusive or original jurisdiction.
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What is the significance of original jurisdiction?</h3>
The ability of a court to hear and determine a case before it has been heard and resolved by any lower court is known as original jurisdiction. In other words, it is the ability of a court to hear and determine a matter prior to any appellate review.
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