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Abstract
A number of units of account defined in terms of gold can be found in treaty law, among them the Poincaré franc,86 the Germinal franc,87 the U.S. dollar of a certain date, or a unit of account so defined as to be equivalent to the gold value of the U.S. dollar from time to time.88 Changes in the international monetary system have provoked a ferment of activity in the search for a unit of account in substitution for units based on gold. This activity is occurring among states in connection with treaties that give expression to existing or new agreements, among national technical departments and entities which, though official, do not engage the responsibility of states as such, and among nonofficial entities that participate in transnational activities.
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