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Bimetallism would allow for the exchange of paper currency for?
Wiki User
∙ 11y ago
either gold or silver
Wiki User
∙ 11y ago
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What was a monetary system in which the government would give people silver and gold in exchange for paper currency?
bimetallism
How would bimetallism help the economy according to its support?
by giving people either gold or silver in exchange for paper currency or checks
What is Different between currency paper and notebook paper?
Currency is something people are willing to accept in exchange for goods or services. Dollar bills and coins are example of currency. Most people will not accept notebook paper in exchange for providing a good or service, and thus it is not considered currency.
Where can you exchange old European paper currency for US dollars?
a blast furnace
What is an economist's definition of currency?
"Currency' is money in any form when in actual use as a medium of exchange, especially circulating paper money.
Does Mexico's paper currency have value in Canada?
There will be an established exchange rate and you can probably find a bank that does exchange to get Canadian money for your Mexican money.
When you use paper money to pay for food the money is a?
When you use paper currency to pay for food items, the money is considered a medium of exchange which is an accepted form of exchange for goods and services offered to consumers.
When you use paper money to pay for food the money is a .?
When you use paper currency to pay for food items, the money is considered a medium of exchange which is an accepted form of exchange for goods and services offered to consumers.
How much is 5000 bahk poccnn?
I have some paper currency that says 5000 from bahk poccnn how much is it worth and where can I sell or exchange?
Where can you exchange paper Deutsch marks into dollars?
The official exchange of Deutsche marks has come to an end. However, you can still take your old German currency to the Bundesbank (Germany's Central Bank) and exchange it for euros. Most currency exchanges (banks, airport exchanges, etc.) will only buy currency that is still in general circulation. Specialized currency exchanges such as Euro Coin Exchange (http://www.webuyeuros.com/germany) will buy your old marks, and you can get paid in dollars without having to ship your cash to Europe.
What is barter trade?
Barter trade is a form of exchange, but without the use of currency. (Example: You could trade someone a pencil for a sheet of paper)
What is the Difference between a normal paper and currency paper?
the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees
