Subject category:
Finance, Accounting and Control
Published by:
IBS Case Development Center
Length: 11 pages
Data source: Published sources
Topics:
Euro; Dollar; International Monetary System; Single currency; Denomination currency for oil trade; Reserve currency; European Union; Stability and growth pact; European Monetary System; European Central Bank; Economic and Monetary Union; Convergence criteria; European Commission; Gold reserve; UK economic tests
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https://casecent.re/p/20762
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Abstract
The case study revolves around the impact of the single currency of the European Union (EU), the euro, in the International Monetary System. Various factors that led to the international acceptance of the currency have been considered vis-a-vis the euro. The case study involves comparison of the euro with the US dollar and based on the facts given in the case study, an analysis can be carried out on whether the euro will break the dollar''s hegemony in the world markets. Also facts about the key issues within the EU, which will also affect the image and international acceptance of the euro, as the reserve currency of central banks of different countries have been highlighted in the case. A structured assignment ''103-063-4'' is available to accompany this case.
About
Abstract
The case study revolves around the impact of the single currency of the European Union (EU), the euro, in the International Monetary System. Various factors that led to the international acceptance of the currency have been considered vis-a-vis the euro. The case study involves comparison of the euro with the US dollar and based on the facts given in the case study, an analysis can be carried out on whether the euro will break the dollar''s hegemony in the world markets. Also facts about the key issues within the EU, which will also affect the image and international acceptance of the euro, as the reserve currency of central banks of different countries have been highlighted in the case. A structured assignment ''103-063-4'' is available to accompany this case.