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Comparative Advantage in the Eu: Prior to and After Euro Adoption by Hillenbrand Barbara - Paperback
560.70 AED

Comparative Advantage in the Eu: Prior to and After Euro Adoption by Hillenbrand Barbara - Paperback

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Category Type
Social Sciences
ISBN
9783639718324
Author
Hillenbrand Barbara
Publisher
Scholars' Press
Description:

This study examines the impact of the EMU's adoption of the Euro on trade creation, trade diversion and national comparative advantage. It was hypothesized that the Euro adoption would result in 1) trade creation, 2) trade diversion, as well as, 3) an increased focus by individual EMU Nations on the production of goods and services, which exemplify that Nation's areas of greatest strength. ...

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PRODUCT INFORMATION

  •  

    Specifications

    Category Type
    Social Sciences
    ISBN
    9783639718324
    Languages
    English
    Item EAN
    2724436900496
    People
    Author
    Hillenbrand Barbara
    Category Type
    Social Sciences
    ISBN
    9783639718324
    Languages
    English
    Item EAN
    2724436900496
    People
    Author
    Hillenbrand Barbara
    People
    Publisher
    Scholars' Press
    Technical Information
    Binding
    Paperback
    Languages and countries
    Book Language
    English
    Read more
  •  

    Description:

    This study examines the impact of the EMU's adoption of the Euro on trade creation, trade diversion and national comparative advantage. It was hypothesized that the Euro adoption would result in 1) trade creation, 2) trade diversion, as well as, 3) an increased focus by individual EMU Nations on

    This study examines the impact of the EMU's adoption of the Euro on trade creation, trade diversion and national comparative advantage. It was hypothesized that the Euro adoption would result in 1) trade creation, 2) trade diversion, as well as, 3) an increased focus by individual EMU Nations on the production of goods and services, which exemplify that Nation's areas of greatest strength. The success of the Euro adoption was measured by its impact on trade flows between the EMU and some of its important trading partners (e.g., Canada, China, Iceland, Japan, Mexico, Norway, Switzerland and the USA). The results were mixed--and, both winners and losers emerged. Noteworthy, were the statistically significant increases in average monthly trade for virtually every trade category (e.g., SITC)and type of trade flow (in other words, imports, exports, or total trade). In addition, there was evidence of trade creation within the EMU; and, trade diversion between the EMU and its trading partners (outside the Eurozone). These findings confirm the results obtained by other investigators who have studied the impact on trade for Countries which opt to join a currency union.

    Product Features:
    • Category: Social Sciences
    • Binding: Paperback
    • Language of Text: English
    • Author(s): Hillenbrand Barbara
    • Publisher: Scholars' Press
    • ISBN: 9783639718324
    • Number of Pages: 632
    • Dimensions: 9 x 6 x 1.4 inches
 

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