Economic And Monetary Union Of Europe

Essay specific features

 

Issue:

Business

 

Written by:

Albert M

 

Date added:

February 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 890

 

Was viewed:

5836 times

 

Rating of current essay:

 
Essay content:

The biggest advantage of the European integration is the unique chance of causing significannot economic growth in the member countries by abolishing all kinds of barriers e.g. customs controls, trade restrictions, liberation of the movement of capital, tax harmonization, and by the opening of the financial market, a common trade policy, a common service market, common legal protection of companies and so on...
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One reason therefore might be that both countries have a dramatic increase in unemployment rate within the past few years. In Baden-Wurttemberg for example, the area where I am from, the unemployment rate has gone up from about 4% in 1992 to around 9% nowadays. Most likely Mr. Chirac's and Mr. Kohl's only solution concerning the unemployment is a fully integrated economy which for sure would create new jobs in Europe...
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