 |
|
| ||||||||||||||||||||||||||
|
|
| ||||||||||||||||||||||||||
|
|
|
|
|
| ||||||||
In economics, a monetary union is a situation where several countries have agreed to share a single currency among them. A well-known example is the functioning European Economic and Monetary Union, in which 12 member states of the European Union have replaced their individual currencies with a common currency, the euro.
Other examples include the East Caribbean Dollar.
|
||||
| View Live Article | This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License | |
||
