IMF votes on most important decisions such as changing the IMF quotas give an effective veto to the United States, China, and Japan.

Name: IMF votes on most important decisions such as changing the IMF quotas give an effective veto to the United States, China, and Japan.
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Question

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The United States holds a unique position in the IMF with a veto over major decisions, due to its large quota share, but China and Japan, despite being significant members, do not possess individual veto power.

IMF Votes on Most Important Decisions Such as Changing the IMF