Question

Under the Plaza Accord of 1985, the Group of Five major industrial countries concluded that it would be desirable if:
A.the countries returned to a system of fixed exchange rates.
B.the participating members reverted to the gold standard.
C.the United States adopted protectionism to improve its trade balance.
D.most major currencies appreciated vis--vis the U.S. dollar.
E.governments did not regulate the buying and selling of currency.

Answer

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