European Monetary Agreement

The European Monetary Agreement was an agreement signed in Paris on 5 August 1955. Administered by the Organisation for Economic Co-operation and Development, it is the successor of the European Payments Union. It provides a multilateral settlement system.[1] The agreement was terminated by OECD in 1972, as its aims were largely replaced by the International Monetary Fund.

References

  1. ↑ http://www.webcitation.org/60DPr5qsf


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