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Discuss the concept of the common european currency

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Reference no: EM131737585

Question: Some economists and politicians have suggested that in future years, the concept of the common European currency be extended to include those smaller countries previously under Soviet domination. What would be the advantages and disadvantages to

(a) the original European common market countries,

(b) the peripheral countries now included in the common currency agreement,

(c) the new countries that would join,

(d) the UK,

(e) Russia?

Do you think the same arguments apply to including Turkey?

Reference no: EM131737585

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