‘Gold Bullion Standard’ Refers to

  1. Gold coin as an unlimited legal tender
  2. Gold as the measure of value
  3. Free coinage of gold
  4. No restriction on import and export of gold
Monis Rasool Professor Asked on 17th May 2015 in General Knowledge.
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    Gold as the measure of value

    ‘Gold Bullion Standard’ Refers to Gold as the measure of value. Gold Bullion Standard is a gold standard under which the coinage and circulation of gold is usually prohibited, but the shipment of gold in international transactions is permitted  and a gold bullion reserve is maintained as a support for the currency.

    RE: 'Gold Bullion Standard' Refers to

    Monis Rasool Professor Answered on 17th May 2015.
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