In 1985,in a compact known as the Plaza accord,the US,German,British,French and Japanese governments agreed to

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In the Plaza accord, the US, German, British, French and Japanese governments agreed to reduce the value of the dollar against the Japanese yen and the German mark by 10-12 percent. This was done in order to address the problem of a strong US dollar, which was making it difficult for American businesses to compete internationally. By reducing the value of the dollar, other countries could purchase American goods at a more competitive price, which would help to stimulate American exports.

In 1985,in a Compact Known as the Plaza Accord,the US,German,British,French