Which of the following is a main element of the Jamaica agreement of 1976?
A) The establishment of the International Monetary Fund
B) The adoption of fixed exchange rates
C) The increase in the total annual IMF quotas to $41 billion
D) The declaration of gold as the reserve asset
E) The decrease in the total membership of the International Monetary Fund

Question

Quizplus · Accepted Answer

The Jamaica Agreement of 1976 included an increase in the total annual IMF quotas to $41 billion, among other changes to the international monetary system.

Which of the Following Is a Main Element of the Jamaica