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Business, 21.01.2021 23:10 wqijviquyuivqwy9672

Certovia and Norkland are two neighboring countries that actively trade goods and services with each other. Under the gold standard, there will be a net flow of gold from Norkland to Certovia when:. A. Certovia is in trade deficit with Norkland.
B. Norkland is in balance-of-trade equilibrium with Certovia.
C. Certovia is in trade surplus with Norkland.
D. Certovia imports more than it exports to Norkland.
E. Norkland's balance of payment to Certovia is favorable.

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