The launching of the EURO not only affects the members of EURO-Land, but it also affects the potential new member … Central Africa?s single-currency zone. These countries will adopt the EURO without belonging to the Union. And if Sweden …, Denmark, Greece and Britain join the single currency, then their overseas territories would automatically adopt the EURO too …

This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous … show a statistically insignificant euro's effect on bilateral exports. However, disaggregating this effect, we report a … relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus …

persistent with the introduction of the euro, some of which is linked to labor market inflexibility. Reviewing the direction of … over the period from 1948 through 2008. We find that, with the introduction of the euro, trade imbalances among euro area … tends to be more balanced when nominal exchange rates are flexible. Intra-euro area imbalances also seem to have become more …