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Introduction

  • George C. Bitros

Abstract

Suppose that there are two completely independent countries that are similar in most respects but have different currencies and different economic structures. Suppose also that these countries wish to move from their present regime of bilateral trading to complete unification. The fundamental question that arises is: under what conditions would unification be economically beneficial for both countries?

Keywords

Member State Monetary Policy Economic Integration Bilateral Trading Adjustment Cost 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© George C. Bitros 2002

Authors and Affiliations

  • George C. Bitros

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