All of the following are true of the gold standard except (a) It requ
All of the following are true of the gold standard except
(a) It requires international trading partners to strictly accept gold payments for imports and exports
(b) It supported stable and fixed exchange rates throughout most of the 19th century
(c) It encouraged international trade
(d) It integrated the U.S. monetary system into the world market
ANSWER
(a)
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