Difference between revisions of "Gold standard"
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| − | + | A [[monetary system]] in which [[currency|currencies]] are defined in terms of a given weight of gold. | |
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| − | + | ==Sources== | |
| − | + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | |
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| − | + | [[Category:Economics]] | |
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Revision as of 12:10, October 5, 2007
A monetary system in which currencies are defined in terms of a given weight of gold.