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Draw attention to European, one having high standards? (8)

Ross

I believe the answer is:

flagpole

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'one having high standards?' is the definition.
Although both the answer and definition are singular nouns, I don't understand how they can define each other.

'draw attention to european' is the wordplay.
'draw attention to' becomes 'flag' (as in to flag or mark something).
'european' becomes 'Pole' (someone from Poland).
'flag'+'pole'='FLAGPOLE'

Can you help me to learn more?

(Other definitions for flagpole that I've seen before include "Pin" , "Standard post" , "Mast on which banner is hoist" , "Ceremonial mast" , "means to raise standard" .)

I've seen this clue in The Telegraph.
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