The First Full-Fledged Gold Standard

question 82

Multiple Choice

The first full-fledged gold standard

• A)was not established until 1821 in Great Britain, when notes from the Bank of England were made fully redeemable for gold.
• B)was not established until 1780 in the United States, when notes from the Continental Army were made fully redeemable for gold.
• C)was established in 986 during the Han dynasty in China.
• D)none of the above

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