Cotter, John - Volkswirtschaftliche Fakultät, … - 2000
With Ireland joining the Euro, exchange rate risk between participating states is gone. However, as is known, this new … economic agents neglects to take account of possible extreme problems with the Euro. In this paper we will see that even though … the Euro is a managed (irrevocably fixed) system, trade between Ireland and non-members, most notably the US, involves two …