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Plaza Accord
ConceptMentioned in 2 videos
An agreement in 1985 where G5 nations, including Japan, agreed to strengthen the Japanese Yen and weaken the US dollar to reduce Japan's trade surplus. While initially successful, the Yen appreciated much faster than predicted, causing shock.
Videos Mentioning Plaza Accord
![Japan's Lost Decade - An Economic Disaster [Documentary]](https://i.ytimg.com/vi/lmnVP35uZFY/maxresdefault.jpg)
Japan's Lost Decade - An Economic Disaster [Documentary]
ColdFusion
An agreement in 1985 where G5 nations, including Japan, agreed to strengthen the Japanese Yen and weaken the US dollar to reduce Japan's trade surplus. While initially successful, the Yen appreciated much faster than predicted, causing shock.
Civilization #END: The Decline and Fall of the American Empire
Predictive History