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This paper considers the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area. NAFTA is compared with the EC, a regional grouping for which initial plans for a monetary union are already in place. Most of the anticipated benefits from a...
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Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of its double …
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-- Part II: Short-term Liquidity. Chapter 5: Regional Monetary Co‐operation in the Developing World: Taking Stock -- Chapter 6 …
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