A B C D E F G H I J K L M N O P Q R S T U V W Z

Globalization

The process of integration and interaction among governments of different nations (through free trade agreements), companies (through investment in other countries, creating affiliate companies) and people (with the same consumer trends, thanks mainly to information on Internet). This process has…

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Gold reserves

Gold retained by a nation´s central bank, forming the backing of currency that the nation has issued.

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Gold standard

A monetary agreement whereby all national currencies are backed 100% by gold and the gold is utilized for payment of foreign activity.

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