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The author does not believe that the governments of the European Community - even supposing that they can agree on the matter - will succeed in imposing the ECU as a payment and reserve currency for use in the EEC's external trade. In the external market the choice of currency is free and a brand new currency will only be chosen if it is better than all the alternatives and if it has been successfully 'promoted'.
Published by: Palgrave Macmillan
Publication Date: 1991-01-01
Format: Paperback
ISBN-13: 9781349118236
DOI: 10.1007/978-1-349-11821-2
Dimensions: 216cm x140cm
Pages: 228