The United States hailed the part of the accord in which North Korea agreed to abandon "all nuclear weapons and existing nuclear programs" and submit to international inspections.
Mr. Giuliani hailed the accord, in which the union, District Council 37, acknowledged that the city had the right to pay additional compensation to award employees for outstanding performance.
But Byron R. Wien, a strategist at Morgan Stanley, focused in a note to clients on the dollar's plunge after the 1985 agreement known as the Plaza Accord, in which governments pledged to engineer a fall in the dollar.
Their cooperation has yielded impressive progress, including steps to put into effect a nuclear accord in which North Korea accepts aid in meeting its energy needs in return for full inspections of its nuclear facilities.
In 1999, Mr. Clinton first rejected, and later signed, an accord in which China agreed to open its markets to foreign imports in return for entry into the World Trade Organization.
For thousands of years, New Yorkers and pigeons have abided by a fragile accord in which both groups cull the population of the other in order to maintain balance.
Nearly twelve years later came the landmark accord in which Iran agreed to freeze its nuclear-weapons program and dismantle parts of it, in exchange for relief from sanctions.
There were also indications today of disagreements within the Bush administration over whether to declare as "dead" the 1994 accord in which North Korea promised to stop building nuclear weapons in return for economic benefits from the United States, South Korea and Japan.
The administration's biggest victory with Japan was an automobile accord in which Japan -- under threat that Mr. Clinton would block imports of Japanese luxury cars -- agreed to allow in American cars and parts.
A day after the signing of an accord in which the J. Paul Getty Museum agreed to hand over 40 artifacts to Italy, the trial of a former Getty antiquities curator resumed in Rome yesterday.
