There are now left but a few silver-standard countries, the most important being China.
There are, however, numerous countries, notably in South America and Central America, which have fiduciary paper-money standards.[2] Sec.

6.# Varying extent of the use of money#.

Trade by the use of money at no time has become the exclusive method.

Barter still lingers to-day.[3] The extent to which, on an average, money is used in different parts of the world differs widely.

The use of money in Siberia is less than in European Russia, and its use is less there than in western Europe.