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Topic: Business
Number of pages / Number of words: 9 / 2388
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In May, attention was drawn to the fact that the Union of South Africa, a member of the International Monetary Fund, and a gold-producing country, was being seriously handicapped by the low price at which gold was offered for sale in the controlled markets. That country's imports came at inflated prices, while its export gold was held to a prewar price level of $35 per ounce...


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This problem was further emphasized in September, when the Prime Minister of Australia opposed a subsidy for gold mining on the ground that the United States was the world's major buyer, and that if the United States should cease buying gold, the metal's value would drop sharply. The current gold production of the world's gold mines was absorbed by the United States, as well as the official gold reserves of many of the other nations...


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south africa gold mines International Monetary Fund What do you understand by Economic and Monetary Union? To what extent does membership of an Economic and Monetary Union constrain a country's use of monetary and fiscal policy International Business law - General Terms of Sale How Country Of Origin Image Can Affect International Business Success And Further Internatinal Expansion. South Africa Country Report Country Profile on South Africa South Africa company investing in EU country Cry, The Beloved Country: The Breakdown And Rebuilding Of South Africa Cry The Beloved Country Is A Prophecy Of The Future Of South Africa International Gray Markets International Capital Markets Entering International Markets International financial markets Operating in International Markets

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