Another name for the gold standard is the gold exchange standard.

Question

Quizplus · Accepted Answer

The gold standard and the gold exchange standard are related but distinct concepts. The gold standard is a monetary system where a country's currency has a value directly linked to gold. The gold exchange standard, on the other hand, is a variant where countries hold their currency's value not solely in gold but in the currencies of other countries that are themselves on a gold standard, allowing for indirect gold backing.

Another Name for the Gold Standard Is the Gold Exchange