Under the gold standard,

A.a shortage of currency leads to low domestic prices and a foreign payments surplus.

B.a shortage of currency leads to high domestic prices and a foreign payments surplus.

C.a shortage of currency leads to low domestic prices and a foreign payments deficit.

D.a shortage of currency leads to low domestic prices but leaves the foreign balance of payments at equilibrium

E.None of the

Answer: A

 

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Time such as water, always silent. If you are well, it is sunny.
时光如水,总是无言。若你安好,便是晴天
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