The Move to an International Gold Standard Between 1896 and World

question 8

Multiple Choice

The move to an international gold standard between 1896 and World War I

• A) encouraged the free flow of goods and capital between countries.
• B) was accompanied by moderate increases in prices.
• C) required a higher use of resources than would have been the case under a paper standard.
• D) made it difficult to exercise expansionary monetary policy.
• E) All of the above.

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