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

question 31

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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Definitions:

Western Front

Specifically pertaining to World War I, it was the primary theater of war during the conflict, marked by a line of trenches stretching from the North Sea to the Swiss frontier with France.

Mutinies

Acts of open rebellion against the proper authorities, especially by soldiers or sailors against their commanding officers.

France

A country in Western Europe known for its rich history, cultural significance, and as a global center for art, fashion, and cuisine.

George Curzon

A British Conservative statesman who served as Viceroy of India and was influential in the foreign policy of the early 20th century, focusing on expansion and defense of the British Empire.