gold-exchange standard

[ gohld-iks-cheynj ]

noun

1. a monetary system in one country in which currency is maintained at a par with that of another country that is on the gold standard.

gold-exchange standard

noun

1. a monetary system by which one country's currency, which is not itself based on the gold standard, is kept at a par with another currency that is based on the gold standard

Example Sentences

There are two other essential differences between the limping standard and the gold exchange standard.

From Project Gutenberg

The gold exchange standard has not entirely escaped criticism.

From Project Gutenberg

The gold exchange standard differs in several respects from the limping standard.

From Project Gutenberg