MCQOPTIONS
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MCQOPTIONS
| 1. |
Under a gold standard, countries should |
| A. | keep the supply of their domestic money constant. |
| B. | keep the supply of their domestic money fixed in proportion to their gold holdings. |
| C. | keep the supply of foreign exchange less than their domestic money supply. |
| D. | restrict the demand for foreign goods. |
| Answer» D. restrict the demand for foreign goods. | |