Question: explain if they are true or false with brief explanation thank you Under the classical gold standard, a country running trade deficit will likely have

explain if they are true or false with brief explanation thank you

Under the classical gold standard, a country running trade deficit will likely have a trade surplus in the future according to the price-specie flow mechanism Like gold standard, the currency board (foreign exchange rate policy) is doomed to fail

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Under the classical gold standard, a country running trade deficit will likely have a trade surplus in the future according to the price-specie flow mechanism

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