The currency of country a contains 1 ounce of gold whereas
Country A and country B are on the gold standard.
The currency of country A contains .1 ounce of gold, whereas the currency of country B contains .025 ounce of gold. What will be the par exchange rate between the two countries?
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country a and country b are on the gold standardthe currency of country a contains 1 ounce of gold whereas the currency
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