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European countries opted out of moving to the euro

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Reference no: EM131369501

Topic: Wouldn't it all be easier if we had one currency across the world? European countries thought as much, at least within the European Union trading bloc. In 1999, eleven European currencies were replaced by the euro in a single currency union. In this discussion, consider your thoughts on a single currency for the Americas.

Why do you think some European countries opted out of moving to the euro? Do you think the reasons are purely economic or might there be patriotic reasons? Explain.

Reference no: EM131369501

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