The Plaza Accord Was an Agreement That

question 1

Multiple Choice

The Plaza Accord was an agreement that

• A) renegotiated the terms of the treaty under which Japan allows U.S. troops to be stationed in the country.
• B) devalued the American dollar against the Japanese yen, thus making Japanese exports more expensive and less competitive.
• C) would have established a joint currency between Japan and several Asian countries.
• D) increased the value of the American dollar respective to the Japanese yen, thus making American exports more expensive and less competitive.
• E) established the Asia-Pacific Economic Cooperation forum.

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Definitions:

Defense

A legal strategy or argument used to justify the actions or refute the claims made in a lawsuit or prosecution.

Tradition

The transmission of customs, beliefs, or symbols from one generation to another, often maintaining continuity in a culture or society.

Custom

Established practices or behaviors that are accepted and expected within a specific culture or community.

Historical School

A school of jurisprudence that uses traditions as the model for future laws and behavior. Also called tradition or custom.