Definitions
Example Sentences
"The gold standard was a monetary standard in which the value of a country's currency was directly linked to a specified amount of gold."
"Under the bimetallic standard, the monetary standard was defined by the fixed exchange rate between gold and silver."
"The adoption of the gold exchange standard established a new monetary standard among participating countries."
"During the era of the classical gold standard, many countries adhered to the same monetary standard."
"The monetary standard of the country was strengthened by a series of currency reforms."