A Grundtvig Project at Cartagena Centre of Education for Adult Persons (CEPA)
Slides prepared by Thomas Bishop Chapter 20 Optimum Currency Areas and the European Experience.
Slides prepared by Thomas Bishop Copyright © 2009 Pearson Addison-Wesley. All rights reserved. Chapter 20 Optimum Currency Areas and the European Experience.
1 2. The Euro Zone as an Optimum Currency Area Costs and Benefits of a Monetary Union.
Type author names here Economics of Monetary Union 9e Introduction Paul De Grauwe.
Copyright © 2006 Pearson Education Canada The Exchange Rate 26 CHAPTER.
1 The European Union and Other Regional Trade Areas Chapter 14 © 2002 West/Thomson Learning.
Outline of the course Part I: The theory of optimal currency areas (OCA) –The costs of a monetary union –The benefits of a monetary union –Costs and benefits.
Lectures 14-15: Exchange Rate Regimes. Professor Jeffrey Frankel Topics to be covered I. Classifying countries by exchange rate regime II. Advantages.
© 2005 West Legal Studies in Business/Thomson Learning 1 European Union and other Regional Trade Areas Chapter 14.
Economic Integration a state of affairs or a process which involves the amalgamation of separate economies into larger free trading regions. Three levels.
Benefits of a Common Currency Costs have to do with macroeconomic management of the economy Benefits have to do with the microeconomic aspect Eliminating.