The European countries could agree on a common piece of paper they could then set up a European monetary authority or central bank This is a possible solution perhaps it is even an ideal solution But it is politically very complicated almost utopian ID: 355242
Download Presentation The PPT/PDF document "Chapter 15: Optimum currency areas" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
