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International Monetary System
(redirected from International gold standard)

   Also found in: Medical, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
International monetary system
The global network of government and commercial institutions within which currency exchange rates are determined.

International Monetary System
In foreign exchange, the complete network of governments and institutions that affect currencies. The system has a set of agreed-upon rules that allows for international trade of goods and services. It is important to note that one government's decisions may affect the international monetary system. For example, many countries peg their currencies to the U.S. dollar; when the Federal Reserve makes changes to American monetary policy, it affects those currencies as well. Likewise, import and export laws and decisions on the convertibility of currencies have sometimes significant effects on the international monetary system. See also: Bretton Woods.


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Currency instability has bedeviled international commerce since the abandonment of the international gold standard and the adoption of floating exchange rates.
The methods that we used to detect bisphenols are now the international gold standard (4-7).
3Com Corporation (Nasdaq: COMS) today announced that the 3Com(R) Firewall PC Card for notebook computers and the 3Com Embedded Firewall Policy Server, developed in collaboration with Secure Computing Corporation (Nasdaq: SCUR), have received the equivalent of the international gold standard for commercially-sold security products.
 
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