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Titlebook: European Monetary Integration; Peter Coffey,John R. Presley Book 1971 Peter Coffey and John R. Presley 1971 economics.Europe.integration.m

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书目名称European Monetary Integration
编辑Peter Coffey,John R. Presley
视频video
图书封面Titlebook: European Monetary Integration;  Peter Coffey,John R. Presley Book 1971 Peter Coffey and John R. Presley 1971 economics.Europe.integration.m
出版日期Book 1971
关键词economics; Europe; integration; macroeconomics
版次1
doihttps://doi.org/10.1007/978-1-349-01258-9
isbn_softcover978-1-349-01260-2
isbn_ebook978-1-349-01258-9
copyrightPeter Coffey and John R. Presley 1971
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Trade Liberalisation and Monetary Integrationrrency within the Community for the purpose of current account trading.. This was the next stage of monetary integration in the Community. To achieve this the absolute freedom of intra-Community trade and payments in current transactions was required.
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The Second Werner Report and the Subsequent Agreementseek a complete economic and monetary union by 1980, it also draws attention to the dangers of regional imbalance, unemployment, environmental problems and the disequilibriating effects of capital movements. It agrees that financial compensation should be given in the first two cases and that such a
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Balance of Payments Adjustment within a Common Markett of the Community taken together. Overall equilibrium is achieved when the external surplus earned by a member country is just sufficient to meet an internal deficit with other members of the Community, or when an internal surplus is sufficient to counteract an external deficit. This kind of equili
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The Beginning of European Monetary Co-operationme they represented a revolutionary step away from the ‘strait-jacket’ imposed upon Europe by bilateralism in international trade and payments. This chapter examines these initial steps in European monetary co-operation up to the formation of the European Payments Union in 1950.
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