Chinese Money and Banking
Bibliographic Data
| ID | 9753769 |
|---|---|
| Authors | Dickson H Leavens (Research Staff, Harvard Graduate School of Business Administration, Boston, Massachusetts, Yale in China, Changsha, China, corresponding author) |
| Year | 1930 |
| Volume | 152 |
| Issue | 1 |
| Pages | 206-213 |
| Publication date | 1930-11-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Annals of the American Academy of Political and Social Science (JOURNAL) |
| Journal identifiers | ISSN: 0002-7162 • E-ISSN: 1552-3349 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/000271623015200125 |
| OpenAlex | W2075840185 |
| Language | EN |
FROM the point of view of foreign trade and of large internal transactions, it usually is said that China is on the silver standard. This is good enough as a rough working assumption. But it must be clearly understood that this by no means implies all that we mean when we say that America is on the gold standard. In America, laws define the gold unit, provide definite regulations for the issuance of all other forms of currency, lay down rules as to legal tender, provide for the free coinage of all gold presented to Government mints, and make the Government responsible for the maintenance of parity between gold and the other forms of currency. What is more to the point, these laws are actually carried out
Business · China · Commerce · Currency · Economics · Government (linguistics · Monetary economics · Point (geometry · Political science · Unit of account · Global Financial Crisis and Policies · Law · Mathematics
| Highly cited | No |
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