Does a Currency Union Boost International Trade Harvard Case Solution & Analysis

This article examines the impact of currency unions - the solution of two or more countries to adopt the same currency - the international trade. This shows that, even after all other relevant factors remain unchanged, currency unions have a significant effect on trade: the countries that share the same currency trade with each other three times more than the countries with different currencies. This analysis shows that the impact of the single European currency on trade - and thus the competition -. In Europe it will be much more significant than many observers predicted "Hide
by Andrew K. Rose Source: California Management Review 12 pages. Publication Date: January 1, 2000. Prod. #: CMR166-PDF-ENG

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