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Search by topic:   18788. THE GOLD STANDARD IN THE INTERNATIONAL ECONOMIC SYSTEM. This paper discusses the rise and decline of the gold standard in the international monetary system. Starting in the late nineteenth century, the gold standard was seen as an effective way to unite the economies of the world’s nations. However, the gold standard was eventually dropped because it encouraged monetary authorities to place national interests above domestic interests, and governments were not always able to maintain the gold reserves needed to back up their currencies. TAGS: economics term paper, international finance, monetary systems, gold standard research paper. MLA Style. 6 pages, 15 footnotes, 5 bibliographic sources. 1,407 words.   $42 Copyright 2002 Academic Research Papers Associate Term Paper Sites: Academic Research Papers Academic-Research-Papers Research Central Term Paper Assistance