The advantages claimed for a bimetallic standard were not gained in actual practice because:
A. one of the metals disappeared from circulation because the mint and market ratios were not the same
B. the supply of gold was inadequate
C. the supply of silver and gold was not balanced among the nations that were on a bimetallic standard
D. all of the above
Answer:A
The advantages claimed for a bimetallic standard were not gained in actual practice because:
A. one of the metals disappeared from circulation because the mint and market ratios were not the same B. the supply of gold was inadequate C. the supply of silver and gold was not balanced among the nations that were on a bimetallic standard D. all of the above