THE CHOICE OF THE EXCHANGE RATE REGIMES OF THE EUROPEAN UNION ACCESSION COUNTRIES INFLUENCED BY THE WORLD CURRENCY CONSOLIDATION
The pressure of the currency consolidation increased in the years 1990 as the world currency system became obviously too complicated and too costly. There are too many national currencies that generate artificial barriers and avoidable transaction costs, both for the domestic economies and for the w...
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| Format: | Article |
| Language: | English |
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European Institute of Romania
2004-05-01
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| Series: | Romanian Journal of European Affairs |
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| Online Access: | http://www.ier.ro/documente/rjea_vol4_no1/RJEA_Vol4_No1_The_Choice_of_the_Exchange_Rate_Regimes_of_the_European_Union_Accession_Countries_Influenced_by_the_World_Currency_Consolidation.pdf |