A Stable External Currency for Europe

The author does not believe that the governments of the European Community - even supposing that they can agree on the matter - will succeed in imposing the ECU as a payment and reserve currency for use in the EEC's external trade. In the external market the choice of currency is free and a brand new currency will only be chosen if it is better than all the alternatives and if it has been successfully 'promoted'.

• | Author: Jacques Riboud
• | Publisher: Palgrave MacMillan
• | Publication Date: Jan 01, 1991
• | Number of Pages: 228 pages
• | Binding: Paperback or Softback
• | ISBN-10: 1349118230
• | ISBN-13: 9781349118236