Animal skins, livestock, tobacco, teeth and rocks have ...

[Zoey63294]

Animal skins, livestock, tobacco, teeth and rocks have historically served as a medium of exchange, unit of account, store of value and method of deferred payment.
 
  Indicate whether the statement is true or false

Question 2

By fixing the mint price of gold among commercial nations under the Gold Standard, the exchange rate risk falls significantly, thus encouraging trade.
 
  Indicate whether the statement is true or false

[DHRUVSHAH]

Answer to Question 1

True

Answer to Question 2

True

[Zoey63294]

Thanks for the timely response, appreciate it

[dreamfighter72]

Gracias!