Effect of Euro on International Economy

Essay specific features

 

Issue:

Social Issues

 

Written by:

James H

 

Date added:

August 14, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 994

 

Was viewed:

8075 times

 

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Essay content:

It is currently the second most valuable money in the world, falling only behind the British Pound. The effects of the Euro are far-reaching, touching such things as the price of crude oil, world tourism, and how businesses operate. The colored countries currently use the Euro. The current value of the Euro is only slightly behind the British Pound, but in money terms very far ahead of the dollar...
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The effect of the exchange rate is that more Europeans have flocked to America for travel and vacations because their money will go so far here. This is very beneficial to America not only economically but also politically. The tourists who come here bring their money and purchase the services and goods in America, but they also affect the relations their country has with America, and vice versa...
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