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Question
Which of the following is a reason for the emergence of the gold standard?A.Expansion in the volume of international trade due to the Industrial Revolution
B.Inability of governments to convert gold into paper currency on demand at a fixed rate
C.Widening gap between the developed and the developing nations
D.Failure of the Bretton Woods fixed exchange rate system
E.Failure of the U.S. dollar to act as a reference currency
Answer
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Which of the following occurs when a government increases the money supply?
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Which of the following is true of the barriers to international communication?
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According to research, when do consumers usually use the country of origin as a cue when evaluating a product?
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