Which of the Following Is Not a Condition of the International

question 293

Multiple Choice

Which of the following is not a condition of the international gold standard?

• A)A nation must be willing to accept very wide fluctuations in its exchange rate.
• B)A nation must allow gold to be freely exported and imported.
• C)A nation must be willing to convert gold into paper money and vice versa at a stipulated rate.
• D)A nation must define its monetary unit in terms of a certain quantity of gold.

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Definitions:

Suicide Rate

The statistical measure of the number of suicide deaths in a specified population, typically per unit of population, within a given time frame.

Relationship Between

explores the connection, association, or interaction among ideas, concepts, or entities.

Economic Status

The standing or position of an individual or group based on income, wealth, employment, and other indicators of financial stability or prosperity.

Closely Linked

Having a very strong relationship or connection between two or more things.