In the Gold Standard era, currencies were evaluated in terms of their gold values to establish exchange rate values for currencies

Name: In the Gold Standard era, currencies were evaluated in terms of their gold values to establish exchange rate values for currencies
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Question

Quizplus · Accepted Answer

During the Gold Standard era, currencies were indeed evaluated in terms of their gold values, which allowed for the establishment of fixed exchange rates between currencies based on their respective gold content.

In the Gold Standard Era, Currencies Were Evaluated in Terms