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Most Western nations were on the gold standard for currency exchange rates from 1876 until 1914. Tod

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Most Western nations were on the gold standard for currency exchange rates from 1876 until 1914. Tod

Most Western nations were on the gold standard for currency exchange rates from 1876 until 1914. Today we have several different exchange rate regimes in use, but most larger economy nations have freely floating exchange rates today and are not obligated to convert their currency into a predetermined amount of gold on demand. Occasionally several parties still call for the "good old days" and a return to the gold standard. Develop an argument as to why this is a good idea.

Textbook

Fundamentals of Multinational Finance

Edition: 5^th

Authors: Moffet, Stonehill, Eiteman

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boland Author

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7 years ago

This is awesome, thanks so much

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noxx53

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7 years ago

Happy to help Smiling Face with Open Mouth

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