The Plaza Accord of 1985 concluded that it would be desirable if:
A)the countries moved back to a system of fixed exchange rates.
B)the participating members reverted to the gold standard.
C)full convertibility was limited to the U.S.dollar.
D)most major currencies appreciated vis-à-vis the U.S.dollar.

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.

The Plaza Accord of 1985 Concluded That It Would Be