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gold-exchange standard |
Also found in: Medical, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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gold-exchange standard n (Economics, Accounting & Finance / Banking & Finance) a monetary system by which one country's currency, which is not itself based on the gold standard, is kept at a par with another currency that is based on the gold standard How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Under the gold-exchange standard that governed international finance prior to August 1971, a shift out of dollars would have led to a transfer of U. |
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