798306
9780199257867
This work studies the operation of the international monetary system that prevailed before the emergence of the international gold standard. It shows that France's ability to trade gold for silver, and vice versa, effectively pegged the exchange rate between gold and silver at its legal ratio.Flandreau, Marc is the author of 'Glitter of Gold France, Bimetallism, and The Emergence of the International Gold Standard, 1848-1873' with ISBN 9780199257867 and ISBN 0199257868.
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