Multinational Business Finance. The Gold Standard (1876 – 1913) Gold has been a medium of exchange since 3000 BC each country set the rate at which its.
IMPORTANT DISCLOSURES CAN BE FOUND IN THE DISCLOSURES APPENDIX European Economics and Precious Metals Forecast Jeremy East [email protected] +44 20 7885.
LEGAL TENDER Money created by a govt. that must (by law) be accepted as payment of debt Legal tender - $100 bill Not legal tender - $100 check (issued.
Chapter Twenty Alternative International Monetary Regimes.