gold plated jewelry wholesale china Is gold a currency

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gold plated jewelry wholesale china If not, what belongs to

4 thoughts on “gold plated jewelry wholesale china Is gold a currency”

  1. Sylvester

    message jewelry wholesale Gold is currency. Gold acts as international currencies. Under the principles of gold, gold not only play the role of domestic currency in the national economy, but also play the role of world currencies in international relations. The difference between the international income and expenditure is made up with gold, which constitutes only gold that constitutes the international reserve currency. Gold can be freely output input, and the currency of a country can be freely exchanged with gold at a fixed price.

    The international circulation of currencies is different from domestic circulation. Domestic circulation is within the sovereign scope of a country. The organizational form of currency circulation shall be stipulated by the country's laws. Price standards, coin forms, auxiliary currency and value symbols shall be provided by the state in accordance with their own economic situation and traditional habits. In international circulation, currency appears in the form of its original form, that is, the gold bar. Mint in domestic circulation is circulating according to its nominal value.

  2. Moses

    wholesale personalized jewelry silver Gold has both product attributes and currency attributes.
    but since the Bretton Forest system collapsed, the golden -oriented currency system has been disintegrated. At present, the world currency system has been decoupled with gold and cannot be exchanged directly. Therefore, its currency attributes have become extremely extreme Weakened. It cannot be counted as currency in a strict sense.
    ps. A simple method of judging whether it is currency is whether you can buy other products at the same price at the same price. There are two prerequisites here. You can buy this item directly to buy other products in the market, and the owners of other products are willing to exchange with you. Second, it must be at the same price. If you take a mobile phone to change the cabbage (obvious depreciation), this cannot be counted.

  4. Essie

    ethnic jewelry wholesale Why is gold a hard currency?

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