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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.2
According to the gold standard, how were exchange rates determined?
Exchange rates were fixed and did not fluctuate
Exchange rates were determined by government policies
Exchange rates were determined by supply and demand
Exchange rates were based on the value of gold
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AP Macroeconomics - 6.2 Exchange Rates
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Exchange Rates
Gold standard
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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