nd Monetary Union gave up individual currencies and adopted the Euro as their new legal tender. This marked a historical occasion because never before have so many countries shared the same currency at the same value. The creation of the Euro has had many positive impacts on Europe. The most important being it makes Europe (collectively) the world's second super power behind the United States.
The issue at hand, however, is not the historical significance of the Euro, or even how the Euro's value portrays economic strength amongst the respective Euro countries. The issue presented is, what are the effects and future outlook of the Euro on the Dollar and how this will change American exports and imports on goods? Tackling this question is what economists, politicians, and Wall Street investors are actively trying to understand. Many fear that
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