Explain the mechanism that restores the balance-of-payments
Explain the mechanism that restores the balance-of-payments equilibrium when it is disturbed under the gold standard.
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explain the mechanism that restores the balance-of-payments equilibrium when it is disturbed under the gold
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suppose that the pound is pegged to gold at 6 pounds per ounce whereas the franc is pegged to gold at 12 francs per
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