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. The agreement was terminated by OECD in 1972, as its aims were largely replaced by the International Monetary Fund.

单词	European Monetary Agreement
释义	European Monetary Agreement 英语百科 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. The agreement was terminated by OECD in 1972, as its aims were largely replaced by the International Monetary Fund.
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