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Business, 10.03.2020 05:54 queeneaf

Which of the following is true of the gold standard used from 1870 to 1914? It propelled the dollar to the commanding heights of the global economy. Banks were free from the need of maintaining gold reserves. Gold was used as the common denominator for all currencies. It was highly volatile global peg system.

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Which of the following is true of the gold standard used from 1870 to 1914? It propelled the dollar...

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