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Cataloged Resource Summary

 

Title

Gold Standard

Author

Michael D. Bordo

Category

Macroeconomics and Monetary Economics

Type

Article

Description

The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold. This article explains the history of the Gold Standard and how it worked.

URL

http://www.econlib.org/library/Enc/GoldStandard.html
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