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Business, 21.11.2020 15:20 bryantpropst1395

Under the gold standard, the price of an ounce of gold in U. S. dollars was $20.67, while the price of that same ounce in France for €24. What would the exchange rate between
the dollar and the euro be if the U. S. dollar price had been $42.00 per ounce?

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Under the gold standard, the price of an ounce of gold in U. S. dollars was $20.67, while the price...

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