In a compact known as the Plaza Accord in 1985,Germany,Britain,France,Italy and the United States consented to intervene in the foreign exchange markets whenever it appeared that the market was pushing the dollar up.

Question

Quizplus · Accepted Answer

The Plaza Accord aimed to depreciate the US dollar in relation to the Japanese yen and the German Deutsche Mark through intervention in currency markets, not to prevent the dollar from rising.

In a Compact Known as the Plaza Accord in 1985,Germany,Britain,France,Italy