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Under the gold-standard inflow of gold from the deficit to the...

This question belongs to Commerce Business Environment And International Business
Business Environment and International Business
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Under the gold-standard inflow of gold from the deficit to the surplus nation result in:
(1) a fall in the interest rate in the surplus nation.
(2) fall in the interest rate in the deficit nation.
(3) an outflow of capital from surplus to deficit nation.
(4) an outflow of capital from deficit to surplus nation.
Of the above statements:

Answer & Solution
Correct Answer: Option C
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