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Economic And Monetary Union Of Europe

Part one of term paper
The main reason for creating a European Market was the growing international competitiveness. In the mid of the eighties the European countries recognized that in the long run the national economies alone won't be able to compete against countries like the US, Japan and the new industrial centers in East Asia. The biggest advantage of the Eu ...

Part two of term paper
... common legal protection of companies and so on. The two countries who support the European integration most (at least their governments) are Germany and France. One reason therefore might be that both countries have a dramatic increase in unemployment rate within the past few years. In Baden-Württemberg for example, the area where I am from, the unemployment rate has gone up from about 4% in 1992 to around 9% nowadays. Most likely Mr. Chirac's and Mr. Kohl's only solution concerning the unemploy ...

Word count: 909 | Approximate pages: 4

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