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the member countries. The initial hypothesis regarding the impact of euro launch in terms of Foreign Direct Investment … theory and empirical research like market size, labor cost, openness, technology, interest rate and introduction of the Euro …
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The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private …
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, these processes could help the transition of the euro from its current status of single currency to a status of “common …
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