The __________, passed in 1988, is an agreement among twelve countries to set international capital standards for banks.

Name: The __________, passed in 1988, is an agreement among twelve countries to set international capital standards for banks.
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The Basel Accord, also known as Basel I, is an agreement among twelve countries to set international capital standards for banks. The accord was passed in 1988 and requires banks to maintain a certain level of capital based on the riskiness of their assets.

The __________, Passed in 1988, Is an Agreement Among Twelve