Nussbaum, Arthur Keywords: International contracts | Gold clause | Currency depreciation | Law of contracts | Mots clefs: Contrats internationaux | Clause or | Dépréciation des monnaies | Droit des obligations | ABSTRACT Gold Clause (Clause-Or) means a contractual agreement by which a debtor of sums of money pledges to pay gold coins or a sum corresponding to the value of a determined quantity of gold, explains Arthur Nussbaum. The author studies this clause by starting to distinguish other similar agreements. He then focuses o…