General Assembly Proposal
ID: imortan_empire_1596657083
Establishment Of An International Currency
A resolution to reduce barriers to free trade and commerce.
Category: Free Trade
Strength: Strong
Proposed by: Imortan Empire
Honorable Representatives,
I write today to propose the idea of an international currency to promote greater commerce between our nations. The provisions of my proposal include the following:
I: The World Assembly will establish a world bank for the production and maintenance of a new currency, hereby known as the "Terra."
II: The World Bank will be headed by a council of twelve nations. This council will be headed by one of the twelve, with the remaining eleven acting as a group to vote on and maintain bank functions. The head of the council shall act as a final decider on all votes put forward by the council.
III: Each region will have a local branch of the World Bank, lead by a council of six to twelve nations selected by regional leaders.
IV: All members of the World Assembly will adopt the Terra once they have achieved an economic ranking of good or higher. Members not meeting this requirement should be encouraged to adopt economic policies to meet the standards of the bank.
V: The Banking Council will be observed and regulated by a committee of the General Assembly. Membership of this committee is at the discretion of the General Assembly.
Any further provisions may be added at the General Assembly's pleasure following the successful passing of this proposal. I thank you for your consideration of this proposal.
Long Live the World Assembly!
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