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Business, 23.12.2021 04:40 lavishbre12

Under the gold standard:. a. a shortage of gold leads to low domestic prices but does not affect the current account.
b. a shortage of gold leads to low domestic prices and a current account improvement.
c. a shortage of gold leads to low domestic prices and a current account deterioration.
d. a shortage of gold leads to a perpetual surplus of the current account.
e. a shortage of gold leads to high domestic prices and a current account improvement.

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