Do you think a global version of european monetary system

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The financial booms and busts over recent years have caused some people to call for a return to the gold standard. They point out that the gold standard reduced exchange-rate risk, imposed strict monetary policies on nations, and helped correct national trade imbalances. a) Do you think a new gold standard could be successful today? b) Do you think a global version of the European monetary system would work today?

Reference no: EM131718932

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