Difference between gold standard and gold exchange standard in table form
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Gold Standard is a defunct monetary system in which, the currency or the economic unit of account of a country is based on a fixed quantity of gold.
Gold Exchange Standard is a type of Gold Standard which does not cover circulation of gold coins. Under this the government guarantees a fixed exchange rate to the currency of another country, that uses a Gold Standard.
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Gold Standard is a defunct monetary system in which, the currency or the economic unit of account of a country is based on a fixed quantity of gold.
Gold Exchange Standard is a type of Gold Standard which does not cover circulation of gold coins. Under this the government guarantees a fixed exchange rate to the currency of another country, that uses a Gold Standard.
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