Which of the Following Statements Is True of a Country

question 184

Multiple Choice

Which of the following statements is true of a country that has a gold standard exchange
Rate system?

• A) A country running a surplus in its balance of payment would experience an inflow of gold which would force it to increase the price of gold.
• B) A country running a surplus in its balance of payment would experience an inflow of gold which would force it to decrease the price of gold.
• C) A country running a surplus in its balance of payment would experience an inflow of gold which would force it to reduce its money supply.
• D) A country running a surplus in its balance of payment would experience an inflow of gold which would force it to increase its money supply.

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Definitions:

Objective

A goal or target that is aimed to be achieved, particularly in research, projects, or personal development, often specific and measurable.

External Evaluator

An external evaluator is an independent party, not directly involved in a project or program, who assesses the performance, outcomes, or impact, providing unbiased, objective evaluations.

Outside Company

A firm or business that is external or not directly connected to one's own organization.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, where the investment is recorded at original cost and adjusted for the investor's share of the investee's profit or loss.