Question: Explain: (a) How economic conditions today differ from those prevailing under the gold standard period. (b) Why the different economic conditions today would make the

Explain:
(a) How economic conditions today differ from those prevailing under the gold standard period.
(b) Why the different economic conditions today would make the reestablishment of a smoothly working gold standard impossible.

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a The primary goal of nations today is internal balance while during the heyday of the gold standard ... View full answer

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