Why single central bank and currency for european countries, International Economics

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Why single central bank and currency for european countries

Problem

Explain why (a) a single central bank and currency for the countries of the European Union mean that its members can no longer have an independent monetary policy and (b) there is no such thing as an exchange rate among member nations.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Why single central bank and currency for european countries

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