How were the initial members of emu chosen, International Economics

Assignment Help:

Q. How were the initial members of EMU chosen? How will new members be admitted? What is the structure of the complex of financial and political institutions that govern economic policy in the euro zone?

Answer: EU countries must persuade:

a) Small inflation rate no more than 1.5 percent over the average of the three EU member states with the lowest inflation.

b) A steady exchange rate within the ERM.

c) Public-sector shortage no much high than 3 percent of its GDP in general.

d) A public debt less than or approaching a reference level of 60 percent of its GDP.


Related Discussions:- How were the initial members of emu chosen

Theory of internation trade, oppotunity cost theory of international trade....

oppotunity cost theory of international trade.Explanation of the theory

Economical development, You can work on this on your own, or with one partn...

You can work on this on your own, or with one partner.  If there are more than two names on the submitted work, then I will give a maximum grade of 60 to each person listed on the

Trams of trade, different between her barter terms of trade and net barter ...

different between her barter terms of trade and net barter terms of trade

Effects of ongoing inflation based on the ppp theory, Q. Discuss th...

Q. Discuss the effects of ongoing inflation based on the PPP theory. Answer: Other things equivalent money supply growth at a constant rate eventually results in ongoi

Economic growth, roles of international trade in economic growth of the cou...

roles of international trade in economic growth of the country

Evaluate the credit risk analysis, Question : Banks find it more profit...

Question : Banks find it more profitable to lend money as the margin on lending is much higher than any other banking activity. However, banks have to assess credit risks and t

International trede, explain the newo clacical theory of international tred...

explain the newo clacical theory of international trede

Asignmnent , construct a production possibilities frontier that represents ...

construct a production possibilities frontier that represents japan''s goal of producing both cars and housing. Assume the japanase economy is in a downtyrn and indicate with an Xt

International trade, International business involves the management of inte...

International business involves the management of international risk. To minimize risks commercial parties utilize independent guarantees and standby letters of credit. (a)  Dis

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd