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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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