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Why was the gold standard important for countries in international finance?Countries preferred their trading partners to be on different standards so they didn't compete for the same metals (e.g. England was on silver and wanted the U.S. on gold)Gold was a steady source of income when countries were at warCountries on the gold standard proved their reliability by sticking with gold and sacrificing immediate gainsNOT THIS ONE: Countries on the gold standard could respond to financial crises by expanding the money supply
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