of Che United States dollar over time should be measured. This is because the SDR itself is a composlte traale-weighted cuErency unit of several currencies includlng the United states dollar. At Present the sDR valuation basket con€lsts of flve major currencies, with weights broadly reft-ecting the relatlve imPortance of these currencies in incernational trade and finance (i.e, unlted ststes 'lollarA/40/S19 English Page68 Notes(continued) 42percent,Deutsche mark19percentandFrenchfranc,Japanese yenandpound .sterling 13percenteach). !l!COmposite scenario Foftable23hasalargerimpactonGDPgrowthrates butislessrealistic thanscenario E.A/40/5r9 English Page 69 ANNEX TO SECTION III Assumptions underlying the baseline proJections l. The baseline projections for the LINK Project and the Fugi Model cover the yearE 1985-1990. Projections of the World Bank cover the period 1985-1995 and those of IMF relate to lhe period 1986-1990. 2. The baseline projectlons made lrith the LINK econometric model for the period 1985-L990 assume: (a) a neutral monetary policy and cautious restraint in fiscalpollcy in oost of the major developed countries, (b) a sLight easing ln lnterest rates but on the whole, no substantial decline ln interest rates over the periodt (c) a depreciation of che effective United states dollar rate by about 15 per cent in 1987 compared wiLh mid-1985; and (d) smooth movement in oil prices, according to which nominal oil prices are expected to show a reduction of 6 per cent in 1985, and remain flat ln 1986, and then rise by 3 per cent in 1987, and subseguently by 5 per cent a year in line with the OECD rate of inflation. 3. For the Fugi Modelrs baseline projections, a continuation of present fibnetary and fiscal policies is assumed. The projections further assu.ne that trade restrictlonE in OECD countries will remain at lhe level prevailing at end-l-984 and that ODA assistance to developing countries will be at the sane percentage level. of
**Analysis**
The text appears to be discussing economic projections and assumptions related to international trade, currency valuation, and monetary policy. It mentions specific countries, currencies, and economic indicators such as GDP growth rates, interest rates, and oil prices. These indicators are commonly used in economic analysis and forecasting, suggesting that the text is focused on economic development and international trade.

**Category**
Economic development, International trade