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MAJOR HURDLES TO THE SUCCESS OF THE EUROPEAN ECONOMIC AND MONETARY UNION: THE FUTRE OF THE EURO

机译:欧洲经济和货币联盟成功的主要障碍:欧元的未来

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摘要

On May 1,1998, the European Economic and Monetary Union(EMU) came into being with 11 nations as initial members. Great Britain, Denmark, and Sweden chose not to join and are still nonmembers. On January, 1999, the EMU introduced a common currency, the euro, that in time was expected to rival the dollars as a reserve currency. The jury remains out on the EMU and the euro, as the many differences among social norms and national identities are potential obstacles to the EMU's goals.
机译:1998年5月1日,欧洲经济与货币联盟(EMU)成立,最初有11个国家。英国,丹麦和瑞典选择不加入,但仍然是非成员。 1999年1月,欧洲货币联盟(EMU)引入了一种通用货币欧元,该货币有望在时间上与美元作为储备货币相抗衡。对于欧洲货币联盟和欧元,陪审团仍未成立,因为社会规范和国民身份之间的许多差异是欧洲货币联盟目标的潜在障碍。

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