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Economic And Monetary Union Of Europe
Part 1 of Paper
....he mid of the eighties the European countries
recognized that in the long run the national economies alone won't be able to
compete against countries like the US, Japan and the new industrial centers in
East Asia. The biggest advantage of the European integration is the unique
chance of causing significant economic gro.... Part 2 of Paper
....er, is scared that a United Europe would
create new jobs only in low wage countries like e.g. Portugal. Many think that a
European market with no barriers would would even cause “job hollowing out” of
Germany. Moreover the German population likes the strength of the D-Mark and is
worried that a single European currency would be weaker. As a result of this
many Germans change their money into Swiss Francs. So far Switzerland has done
quite well by not taking place in all events available. One.... |
| Number of words: 909 - Approximate pages: 4 |
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