Under a Gold Standard, a Balance of Payments Disequilibrium Would

question 128

Multiple Choice

Under a gold standard, a balance of payments disequilibrium would be corrected automatically by

• A)the depreciation of that country's currency.
• B)an increase in the gold content of that nation's monetary unit.
• C)the appreciation of that country's currency.
• D)an outflow or inflow of gold.

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Definitions:

Annoying Everyday

No standard definition, potentially describing daily nuisances.

Sources Of Stress

Factors or situations that trigger physical, emotional, or psychological strain or tension.

Avoid

To keep oneself from doing, receiving, or engaging in something, often as a means of preventing harm or inconvenience.

Stress

A physical or psychological response to demands or pressures.