Chap10 The International Monetary System(8)

Strength Of The Gold StandardThe great strength of the gold standard was that it contained a powerful mechanism for achieving balance-oftrade equilibrium (when the income a country’s residents earn from its exports is equal to the money its residents pay for imports) by all countries

金本位制的强大力量在于其对任何国家都拥有实 现平衡的贸易平衡强大的机制 ( 一个国家国民通过 出口所获得的收入与进口所的支出相等时)

山东经济学院·国际贸易学院 School of International Trade, Shandong Economic University 1-8

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