A resolution expressing the sense of the House that the President undertake discussions with the industrialized countries with a view toward developing a common approach to the grave problems facing today's international monetary system.

Declares it the sense of the House of Representatives that (1) the President recognize the severity of the international monetary crisis; (2) the President undertake discussion with the other industrialized countries to develop a common approach to this crisis; and (3) the approach should focus on a long-term solution to the crisis caused by exclusive reliance on the dollar as the key international monetary reserve asset.