Superdollar (economics): Difference between revisions
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The term '''superdollar''' is sometimes used to refer to a period of extreme [[US dollar]] strength, relative to other currencies, particularly in the [[1980s]].[http://www.businessweek.com/magazine/content/02_10/b3773046.htm][http://minneapolisfed.org/pubs/region/96-12/review.cfm] This period ended when the [[G-7]] countries, concerned about the US trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the [[Plaza Accord]]. |
The term '''superdollar''' is sometimes used to refer to a period of extreme [[US dollar]] strength, relative to other currencies, particularly in the [[1980s]].[http://www.businessweek.com/magazine/content/02_10/b3773046.htm][http://minneapolisfed.org/pubs/region/96-12/review.cfm] This period ended when the [[G-7]] countries, concerned about the US trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the [[Plaza Accord]]. |
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Revision as of 15:38, 30 November 2007
The term superdollar is sometimes used to refer to a period of extreme US dollar strength, relative to other currencies, particularly in the 1980s.[1][2] This period ended when the G-7 countries, concerned about the US trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.
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