Why was the international monetary system also called the ...

[Pea0909berry]

Why was the international monetary system also called the sterling-based gold standard during the gold standard?
 
  What will be an ideal response?

Question 2

Which of the following statements is most true about people who believe intelligence is fluid?
 
  a. They are more likely to achieve higher performance in school and at work (recall, moderate)
  b. They are less likely to achieve higher performance in school and at work.
  c. They are more likely to have an interdependent construal of the self.
  d. They are more likely to have an independent construal of the self.

[ebonylittles]

Answer to Question 1

The international monetary system was also called the sterling-based gold standard because most firms were willing to accept either British pounds or gold in settlement of transactions. The British pound sterling was the most important currency in international commerce during this time. This was somewhat a reflection of Britain's economic and military power.

Answer to Question 2

a