Critical Thinking In 1999, several single European na- tions banded together to form the European Union and converted their individual monetary systems over to the euro. Do you believe there will ever be other economic communities that would follow this path? Explain your reasoning and, if necessary, provide some possible ex- amples. What about the possibility of a single world currency? Could this happen? Why or why not?

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Q: What impact did the introduction of the euro have on economic integration within the European Union?

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Q: How through globalisation the European union, recieve the better access to a larger variety of goods…

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Q: what is the 3  disadvantage of adopting a single currency ?

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Q: What effect did creating a single market and single currency within the European Union have on the…

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Q: Compare and contrast currency crises models

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Q: True/False  A pro-savings policy by the US would likely reduce the US trade deficit.

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Q: What role may strategic hedging play in the success of firms in eurozone countries?

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Q: What's are the factor to consider during exchange of currency.?

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Q: Explain three (3) factors why countries would want to join a Single Currency area

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Q: What are some of the main reasons not all countries in the EU have adopted the Euro?

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