deed. (Eudey, 1998)And it means also prevention from competitive devaluations. In the period between world wars I and II countries devalued their currencies in order to improve export. Consequently their trading partners devalued their currencies, too, what caused inflationary. (Eudey, 1998)
If the Euro will be used as an international currency like the dollar, the Eurozone would also benefit from this fact. So, for example the U
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