do you what the big strendo you know what the big strength of the gold standard was?It created the World Bank.It helped countries achieve balance of payments equilibrium.It eliminated the potential for countries to engage in competitive devaluations. do you know what the big strength of the gold standard was? It created the World Bank. It helped countries achieve balance of payments equilibrium. It eliminated the potential for countries to engage in competitive devaluations.gh of the gold standartd was