Place of the Euro and the European Monetary System on the International Scene

Mihaela Albici () and Delia Teselios ()
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Mihaela Albici: Constantin Brancoveanu University
Delia Teselios: Constantin Brancoveanu University

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2011, vol. 1, issue 1, 56-62

Abstract: All national authorities always world economic powers battled for holding world supremacy in the markets. Main tool which focuses all their attention is the currency, whether national or regional basis. It wants such as this to be one international currency given the advantages arising from this Statute. In this battle at present two major actors are involved, namely the US dollar and euro. The present work is intended as a brief overview of this struggle to highlight the role of the euro on the international scene.

Keywords: International currency; euro; international role; American dollar (search for similar items in EconPapers)
JEL-codes: F30 F31 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijaraf:v:1:y:2011:i:1:p:56-62

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