During which meeting in 1985 did the Group of Five major industrial countries announce that it would be desirable for most major currencies to appreciate vis-à-vis the U.S.dollar?
A)Doha Accord
B)Bretton Woods Accord
C)Plaza Accord
D)Louvre Accord

Question

Quizplus · Accepted Answer

Plaza Accord: The Group of Five major industrial countries announced that it would be desirable for most major currencies to appreciate vis-à-vis the U.S.dollar and pledged to intervene in the foreign exchange markets,selling dollars,to encourage this objective.

During Which Meeting in 1985 Did the Group of Five