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International Monetary CooperationIn September 1985, emissaries of the world's five leading industrial nations the United States, Britain, France, Germany, and Japan secretly gathered at the Plaza Hotel in New York City and unveiled an unprecedented effort to correct the largest set of current account and exchange rate imbalances that had ever threatened the world economy. The Plaza Accord is credited with sharply realigning exchange rates, significantly reducing current account
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International Monetary Cooperation
Item no
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53156522438
US$ 35.96
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