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convertibility of the dollar into gold

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  • Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …   Wikipedia

  • gold standard — a monetary system with gold of specified weight and fineness as the unit of value. [1825 35, Amer.] * * * Monetary system in which the standard unit of currency is a fixed quantity of gold or is freely convertible into gold at a fixed price. The… …   Universalium

  • Convertibility — is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be… …   Wikipedia

  • Gold as an investment — Reserves of SDR, forex and gold in 2006 …   Wikipedia

  • Gold — This article is about the metal. For the color, see Gold (color). For other uses, see Gold (disambiguation). platinum ← gold → mercury …   Wikipedia

  • History of the United States (1964–1980) — History of the United States This article is part of a series Timeline …   Wikipedia

  • Economic and Monetary Union of the European Union — In economics, a monetary union is a situation where several countries have agreed to share a single currency amongst themselves. The European Economic and Monetary Union (EMU) consists of three stages coordinating economic policy and culminating… …   Wikipedia

  • Economic history of the United Kingdom — The economic history of the United Kingdom deals with the history of the economy of the United Kingdom from the creation of the Kingdom of Great Britain on May 1st, 1707,[1] with the political union of the Kingdom of England and the Kingdom of… …   Wikipedia

  • History of the United States dollar — The history of the United States dollar covers more than 200 years.Early historyThe history of the dollar in North America pre dates US independence. Even before the Declaration of Independence, the Continental Congress had authorized the… …   Wikipedia

  • Economy of the Confederate States of America — The Confederate States of America had an agrarian based economy that relied heavily on slave worked plantations for the production of cotton for export to Europe and the northern US states. If ranked as an independent nation, it would have been… …   Wikipedia

  • international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

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