Which of the Following Refers to the Gold Standard

question 17

Multiple Choice

Which of the following refers to the gold standard?

• A)Pegging currencies to gold and guaranteeing convertibility
• B)Conducting international trade by physically exchanging gold
• C)The most valuable currency in the world at any given point in time
• D)The common global standard of gold quality to be maintained
• E)The quality of merchandise to be maintained for it to be exportable

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Definitions:

Implies Offers

Suggesting or indicating a proposal or opportunity without explicitly stating it.

Marketing

The process of promoting, selling, and distributing a product or service.

Sales Messages

Communications designed to inform or persuade customers about a product or service.

Adapting Guidelines

Modifying or adjusting rules or instructions to suit a particular situation, context, or purpose.