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If Nations Adopt a Gold Standard Where Various Countries' Money

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If nations adopt a gold standard where various countries' money supply is tied to gold, then there will in effect be a fixed exchange-rate system.


Definitions:

Note Receivable

A financial document representing a promise to pay a specific amount of money on a specified date or upon demand.

Day Note Signed

The date on which a promissory note (a written promise to pay a specified amount under agreed terms) is executed or agreed upon.

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