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How Did the Gold Standard Help Countries Rectify the Balance

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How did the gold standard help countries rectify the balance of payment problem? What were the problems associated with the gold standard?


Definitions:

Asbestosis

A lung disease resulting from the inhalation of asbestos particles, leading to lung scarring and shortness of breath.

Liver Disease

A broad category of diseases and disorders that affect the liver's ability to function properly, often leading to health complications.

Bladder Cancer

A type of cancer that begins in the cells of the bladder, the organ that stores urine, and can cause symptoms like blood in urine and painful urination.

Liver Disease

A broad term for any disorder or condition that causes the liver to function improperly or stop functioning.

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