Science, asked by cherry9393, 9 months ago

what is the gold standard oil
in shortcut way​

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Answered by Sivatharun
0

Answer:

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Answered by sp580568
1

Answer:

The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price.

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