Which of the following was not one of the main elements of the Jamaica Agreement?
A) The establishment of the International Monetary Fund
B) Floating rates were declared acceptable
C) Total annual IMF quotas were increased to $41 billion
D) Gold was abandoned as a reserve asset
E) Gold was returned to its members at current market rates
Correct Answer:
Verified
Q45: Most economists trace the break-up of the
Q46: Which of the following statements accurately depicts
Q47: The Bretton Woods system had an Achilles'
Q48: The Bretton Woods system of fixed exchange
Q49: In some cases,a country's attempts to reduce
Q51: The International Bank for Reconstruction and Development
Q52: The three main elements of the Jamaica
Q53: The initial mission of the World Bank
Q54: During the oil crisis in 1979,following the
Q55: The partial collapse of the European Monetary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents