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.
Question 2
More than 40 percent of local workers belong to unions.
a. True
b. False
Indicate whether the statement is true or false
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