Place of the Euro and the European Monetary System on the international scene
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2011, Vol 1, Issue 1
Abstract
All national authorities always world economic powers battled for holding world supremacy in the markets. Main tool which focuses all their attention is the currency, whether national or regional basis. It wants such as this to be one international currency given the advantages arising from this Statute. In this battle at present two major actors are involved, namely the US dollar and euro. The present work is intended as a brief overview of this struggle to highlight the role of the euro on the international scene.
Authors and Affiliations
Mihaela Albici, Delia Teselios
Keywords
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