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The chief authority in the local Christian churches was
Gold Standard
A monetary system in which the value of a country's currency is directly linked to a specified amount of gold.
U.S. Dollar
The official currency of the United States, widely used as a global reserve currency and for international transactions.
Backed
Supported or secured, often used in financial contexts to refer to investments supported by tangible assets.
Exchange Rate
The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another.
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