- Superdollar (economics)
The term superdollar is sometimes used to refer to a period of extreme strength of the
United States dollar , relative to other currencies, particularly in the 1980s. [cite news
author = Cooper, James C., and Kathleen Madigan
title = U.S.: There's a Cloud inside That Silver Lining
url = http://www.businessweek.com/magazine/content/02_10/b3773046.htm
work =BusinessWeek
date = 2002-03-11
accessdate = 2008-03-04 ] [ [http://minneapolisfed.org/pubs/region/96-12/review.cfm Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)] ] This period ended when theG7 countries, concerned about the Americantrade deficit and the resultingprotectionism , agreed to cooperate in thedevaluation of the dollar in thePlaza Accord .References
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