Top Posters
Since Sunday
7
j
7
s
7
e
6
6
b
6
f
6
s
6
6
j
5
n
5
p
5
New Topic  
kwmusick kwmusick
wrote...
Posts: 57
Rep: 0 0
A month ago
Why is the eurozone called a currency union?
Textbook 

Macroeconomics


Edition: 3rd
Authors:
Read 34 times
1 Reply
Replies
Answer verified by a subject expert
Botox14Botox14
wrote...
Posts: 60
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
Since January 1, 1999, some European countries (not including the United Kingdom) have been part of the eurozone, which means that they use the same currency, the euro. This is referred to as a currency union, a form of fixed exchange rate, in which, by using the same currency, all of the member economies are pegging their exchange rates to one another.

1

Related Topics

kwmusick Author
wrote...

A month ago
Thank you, thank you, thank you!
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  287 People Browsing
 485 Signed Up Today
Related Images
  
 5938
  
 1456
  
 200
Your Opinion