Identify the Correct Statement About the Louvre Accord

question 1

Multiple Choice

Identify the correct statement about the Louvre Accord.

• A)It focused on the establishment of the European Monetary System (EMS)and the creation of a single currency, the euro.
• B)It focused on the formulation of broad supervisory standards and guidelines and recommended statements of best practice in banking supervision.
• C)It focused on stabilizing the value of the dollar through collective efforts.
• D)It focused on forcing down the value of the U.S.dollar through collective efforts.
• E)It focused on establishing the U.S.dollar as the reserve currency through collective efforts.

---

Definitions:

Linking

The process of connecting or associating two or more elements, such as database tables or objects, for the purpose of data reference or integration.

Access Database

A database system from Microsoft that combines the relational Microsoft Jet Database Engine with a graphical user interface and software-development tools.

External File

A file that resides outside of the currently executing program or application's directories.

PDF File

A file format developed by Adobe that preserves the formatting and enables document sharing regardless of the software, hardware, or operating system used.