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Concept information

ECONOMICS > PRICES > COMMODITY PRICES

Preferred term

COMMODITY PRICES  

Definition

  • A PROPOSED UNIT OF A FORM OF CURRENCY THE GOLD VALUE OF WHICH IS DETERMINED BY THE CURRENT MARKET PRICES OF CERTAIN BASIC COMMODITIES

Broader concept

History note

  • TERM CREATED DECEMBER 2007

Definition source

  • OED

URI

https://hasset.ukdataservice.ac.uk/f148e596-cb0e-4e5a-9383-9712a52251c9

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