Economy, asked by abhi3958, 10 months ago

characterstics of gold standard

Answers

Answered by kanishkgoel61

Answer:

Explanation:

A gold standard has eight distinguishing characteristics: The value of the principal unit of currency of a country on a gold standard is measured in relation to a fixed and predetermined quantity of gold. Paper money and gold can be equally exchanged for each other at a legal predetermined rate.

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