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.