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Of the Following,which Is NOT a Key Principle of the Jamaica

Question 35

Multiple Choice

Of the following,which is NOT a key principle of the Jamaica Agreement?


A) Members could adopt their own exchange systems.
B) A system of global fixed exchange rates would only be implemented if approved by a vote of 85 percent of membership.
C) Gold would no longer be a common denominator of the monetary system.
D) The SDR created by the IMF was recommended as the primary reserve asset of the international monetary system.
E) All countries would adopt the European Exchange Rate Mechanism.

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