Currency union: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: Monetary union page.) |
(No difference)
|
Latest revision as of 16:26, 4 January 2021
A monetary union is a group of two or more countries that engage together in adopting:
- A common currency of their own, such as the euro; or
- A common foreign currency, such as the US Dollary; or
- A system of fixed exchange rates against a common foreign currency.
Also known as a monetary union.