The gold standard dominated exchange rate systems during what period?
A) from 1776 to 1816
B) from 1836 to 1849
C) from 1870 to 1913
D) from 1945 to 1965
Ans: C) from 1870 to 1913
Economics
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Refer to the scenario above. In this case, how much should Tom pay for a used iPhone?
A) $80 B) $40 C) $60 D) $0
Economics
The theory of the relationship between balance of payment and exchange rates that deals with the size of a nation's expenditures is called
A) the absorption approach. B) the elasticities approach. C) the Marshall Lerner condition. D) the exchange rate condition.
Economics