True /False

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[please answer correct otherwise skip it

6. 7. A critical flaw Of the gold standard was its inability to increase gold re- serves in an adequate or systematic manner to accommodate the growth of international trade. For most countries there is a close connection between balance-of payments deficits and reserves declines, but in the case of the U S. , XJ. balance-of-payments deficits have not been correlated with reserves clines.