Title: Benefits Of Single European Currency - Free Coursework from Essay.uk.com
Headings: Benefits of single european currency
Benefits of single european currency
Examine the potential benefits to European manufactures and consumers of single European currency

Content: As firms could and would know where the cost of production would be the lowest they would in the long run shift their factors of production to that area. For example the labor wages in France is lower than that of Germany so firms in Germany now would in the future if permitted would shift to France where everything else costs the same. Attractive investment and financing opportunities will be offered by a much broader financial market without currency risks. Investors can profit from a wider portfolio spread due to more competition between banks and insurance companies, European businesses will be able to choose between better offers. Low public debt and a controlled rate of inflation will lead to low interest rates. cal1966, please do not redistribute this dissertation. We work very hard to create this website, and we trust our visitors to respect it for the good of other students. Please, do not circulate this dissertation elsewhere on the internet. Anybody found doing so will be permanently banned. The benefits for consumers would be wider choice of commodities to produce thus causing cheaper price and better quality of goods and services.