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    Advantages and disadvantages of the gold standard

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    Discuss the advantages and disadvantages of the gold standard.

    © BrainMass Inc. brainmass.com March 4, 2021, 8:41 pm ad1c9bdddf

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    Answer: The advantages of the gold standard include:

    (1) since the supply of gold is restricted, countries cannot have high inflation;
    (2) any BOP ...

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