If we were on an international gold standard, _______. a) inflations would be eliminated b) recessions would

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If we were on an international gold standard, _______.

a) inflations would be eliminated

b) recessions would be eliminated

c) trade deficits and surpluses would be eliminated

d) no nation would ever have to devaluate its currency

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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