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commodity standard

noun
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Definition of commodity standard

: a monetary standard in which the medium of exchange consists of an economic good or goods the gold standard is one type of commodity standard

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Learn More About commodity standard

Dictionary Entries Near commodity standard

commodity rate

commodity standard

commodity tariff

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Cite this Entry

“Commodity standard.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commodity%20standard. Accessed 22 May. 2022.

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