In economics, bimetallism is a monetary standard in which the value of the monetary unit is defined as equivalent both to a certain quantity of gold or to a certain quantity of silver; such a system establishes a fixed rate of exchange for the two metals.
Bimetallism is a monetary standard in which the value of the monetary unit is defined as equivalent both to a certain quantity of gold or to a certain quantity of silver. This was in economics. Such a system establishes a fixed rate of exchange for the two metals.