📊 International Business
Q. Under a gold standard,
  • (A) a nation’s currency can be traded for gold at a fixed rate
  • (B) a nation’s central bank or monetary authority has absolute control over its money supply
  • (C) new discoveries of gold have no effect on money supply or prices
  • (D) a & b
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✅ Correct Answer: (A) a nation’s currency can be traded for gold at a fixed rate

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