gold import point

noun

Definition of gold import point

: the point of variation in the price of foreign exchange at which the import of gold becomes preferable to the use of exchange in settlement of international obligations

called also gold point

— compare gold export point

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Cite this Entry

“Gold import point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gold%20import%20point. Accessed 3 Dec. 2021.

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