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Trade and Gold Reserves after the Demise of the Classical Gold Standard


Abstract: After the early 1920s, the relationship between gold reserves and trade flows was tenuous at best as the international payments system experienced heightened uncertainty and significant change.

Keywords: trade; gold reserves; gold standard; trade deficits; trade balance;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-09-01