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Gold Standard
(redirected from Gold-Exchange Standard)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
gold standard,
1 an accepted test that is assumed to be able to determine the true disease state of a patient regardless of positive or negative test findings or sensitivities or specificities of other diagnostic tests used.
2 an acknowledged measure of comparison of the superior effectiveness or value of a particular medication or other therapy as compared with that of other drugs or treatments.

Gold Standard
Any standardised clinical assessment, method, procedure, intervention or measurement of known validity and reliability which is generally taken to be the best available, against which new tests or results and protocols are compared

gold
a chemical element, atomic number 79, atomic weight 196.967, symbol Au. See Table 6. Gold and many of its compounds are used in human medicine and occasionally in veterinary medicine. See also chrysotherapy.

gold-198
a radioisotope of gold having a half-life of 2.7 days and emitting gamma and beta radiation. Symbol 198Au.
gold colloid scintiscan
gold dust
a disease of aquarium fish caused by the flagellate protozoon Oodinium limnecicum. Affected fish develop a varnished look caused by a very heavy infestation of the protozoa on the skin and die within a few days.
gold standard
the ultimate standard to which all endeavors aspire.

gold standard
Criterion standard The best or most successful diagnostic or therapeutic modality for a condition, against which new tests or results and protocols are compared. See Standard of practice, Practice guidelines.


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Under the Bretton Woods agreement, the dollar would remain on an international gold-exchange standard (meaning that dollars could be redeemed for gold, but only by international traders), and other currencies would be convertible into the dollar.
These authors also seem to understate the extent to which the Fed and other central banks' deliberate management of the gold-exchange standard prevented monetary adjustment in the period 1929-33 from resembling the pattern of equilibrium typical of the classical gold standard.
Under the gold-exchange standard that governed international finance prior to August 1971, a shift out of dollars would have led to a transfer of U.
 
 
 
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