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During the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4.2474 in British pounds. Therefore, the exchange rate of pounds per dollar under this fixed exchange regime wasA) always changing because the price of gold was always changing.B) unknown because there is not enough information to answer this question.C) £4.8665/$.D) £0.2055/$.
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