Introduction

George Bitros ()

Chapter 1 in Economic Integration, 2002, pp 1-10 from Palgrave Macmillan

Abstract: Abstract Suppose that there are two completely independent countries that are similar in most respects but have different currencies and different economic structures. Suppose also that these countries wish to move from their present regime of bilateral trading to complete unification. The fundamental question that arises is: under what conditions would unification be economically beneficial for both countries?

Keywords: Member State; Monetary Policy; Economic Integration; Bilateral Trading; Adjustment Cost (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62925-7_1

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DOI: 10.1057/9780230629257_1

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