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Diocletian took the unusual step of allowing the empire to be governed by four men.
British Pounds
The official currency of the United Kingdom, which is also known as Sterling.
Floating Exchange Rate
An exchange rate determined by the demand for and the supply of a nation’s currency.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold; countries committed to convert paper money into a fixed amount of gold upon request.
Gold Exchange Standard
A monetary system in which countries peg their currencies to a specific amount of gold but may also hold foreign currencies in reserves.
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