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John owns a large manufacturing business in New York that deals mainly in exports. Would John be for or against the gold standard? Why? o John would favor the gold standard because inflation caused by a bimetallic policy would hurt his business. o John would favor the gold standard because inflation caused by a bimetallic policy would hurt his business. o John would favor bimetallism because more circulating currency means more people can buy his products. o John would favor bimetallism because more circulating currency means more people can buy his products. o John would favor the gold standard because he owes a large debt on his business.
Sagot :
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