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Author Question: One disadvantage of gold as the basis for a currency is A) gold is difficult to transport in ... (Read 29 times)

cartlidgeashley

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on: Jun 30, 2018
One disadvantage of gold as the basis for a currency is
 
  A) gold is difficult to transport in large quantities.
  B) a new discovery of gold could quickly change the value of the currency.
  C) a gold standard can be costly to maintain if the currency comes under speculation.
  D) all of the above.

Question 2

Which of the following countries provides the best example of a successful import substitution development strategy?
 
  (a) Chile.
  (b) Taiwan.
  (c) Argentina.
  (d) Botswana.


Beatricemm

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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