True Or False Under A Gold Standard A Continual Balance Of Surplus In Any Countr

TRUE OR FALSEUnder a gold standard, a continual balance of surplus in any country can be sustained only as long as the country’s gold reserves hold out. Please Explain your answer.

Question:Under a gold standard, a continual balance of surplus in any country can be sustained only aslong as the country’s gold reserves hold out.Solution:TrueBecause currencies were…

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