International macroeconomics

International macroeconomics

Introduction

The purpose of this study is to expand the boundaries of our knowledge by exploring some relevant and factual information relating to the analysis of The Euro and Trade” by The Economist. In this paper, we will examine whether Euro Experiment failed or not.

Discussion

Since Europe has initiated the experiment in the monetary union, analyst has been speculating the cost and benefits attached with the new experiment. The 'Economic and Monetary Union is established by the Treaty of Maastricht , which, through three successive phases, concluded a long process of diplomacy whose outcome is most notoriously represented in ...