According to the Price-Specie-Flow-Doctrine, a Trade-Surplus Nation Would Experience Gold

question 161

True/False

According to the price-specie-flow-doctrine, a trade-surplus nation would experience gold outflows, a decrease in its money supply, and a fall in its price level.

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Definitions:

Aptitude

A natural ability to do something or to learn.

Communication Skill

The ability to convey or exchange information and ideas effectively through speaking, writing, or other mediums.

Writing Well

The skill of expressing ideas clearly, coherently, and effectively through written language.

Critical-Thinking

The objective analysis and evaluation of an issue in order to form a judgment.