Discuss the emu and the euro in detail

 

Don't use plagiarized sources. Get Your Custom Essay on
Discuss the emu and the euro in detail
Just from $13/Page
Order Essay

Scenario

As the world economy becomes more globalized, it is expected that economic integration will continue. There are 6 stages of economic integration, as follows:

  • Preferential trading agreements
  • Free trade agreements
  • Customs unions
  • Common market
  • Economic and monetary union
  • Complete economic integration

Therefore, the European Union has come a long way, reaching stage 5 in 1999. It is the major monetary union of the approximately 20 monetary unions in the world today, and it is referred to as the European Economic Monetary Union, or EMU. The euro has become as important as the U.S. dollar and is being discussed as the next international currency, either replacing the U.S. dollar or sharing the position with the U.S. dollar as well as perhaps an Asian currency, such as the Japanese yen or Chinese yuan. For example, several countries are buying and selling oil in euros rather than U.S. dollars, which makes sense, given the majority of the oil transactions involve countries that use the euro. Other areas of the world are considering monetary unions, such as Southeast Asia and North America. Many countries’ central banks hold U.S. dollars for transactions involving oil and other international transactions, which also helps support the value of the U.S. dollar.

Your firm is expanding into Europe, and your department head has asked you to put together a report on monetary unions in general, include the following:

  • Discuss the advantages and disadvantages relative to a nation maintaining its own individual currency.
  • Discuss the EMU and the euro in detail, including the following:
    • Its history
    • The countries involved
    • Its implementation
    • How it has functioned over the last decade, noting any issues that had to be overcome
  • How did the International Monetary Fund (IMF) reassign the special drawing rights (SDR) as a result of changing from several European currencies to the euro?
  • Discuss whether the EMU helped or hindered the development of the European Union.
  • Conclude the report with a brief discussion on the possible advantages and disadvantages of the amero, a possible common currency for Canada, Mexico, and the United States, which has come up in the press from time to time. Discuss why you would favor or be against a common currency for North America.

Body of paper must be 4 to 6 pages long with a minimum of 4 references

Use the library and Internet to research support for your report. Use APA style for in-text citations and a list of references.

Place Order
Grab 16% Discount On This Paper
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, MyEssay.Help has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At MyEssay.help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@myessay.help.

Try it now!

Grab 16% Discount On This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

MyEssay.help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At MyEssay.help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.

                                                                                     Place Order macbook tamir - mersin escort - casino-masino.com - bahis