With a pure gold standard a nation may not pursue an independent monetary policy an inflow of gold will reduce the money supply of a country
With a pure gold standard a nation may not pursue an independent monetary policy an inflow of gold will reduce
With a pure gold standard a nation may not pursue an independent monetary policy an
a nation may not pursue an independent monetary policy an inflow of gold will reduce the money supply of a country
With a pure gold standard a nation may not pursue an independent monetary
policy an inflow of gold will reduce the money supply of a country
With a pure gold standard a nation may not pursue
With a pure gold standard
With a pure gold standard, a nation may not pursue an independent monetary policy. an inflow of gold will reduce the money supply of a country.

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With a pure gold standard, a nation may not pursue an independent monetary policy. an inflow of gold will reduce the money supply of a country. there will be a tendency for a too rapid increase in the volume of world trade. a balance of payments deficit will lead to an increase in the domestic price level.

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With a pure gold standard, a nation may not pursue an independent monetary policy. an inflow of gold will reduce the money supply of a country.