Science Fair Projects Ideas - Economic and monetary union

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Economic and monetary union

An economic and monetary union is a single market with a common currency. It is to be distinguished from a mere currency union (e.g. the Latin Monetary Union in the 1800s), which does not involve a single market. The only economic and monetary union at present is the Eurozone.

See Also: Euro, Trade bloc

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10-26-2009 08:16:03
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