single currency lecture questions

How many pillars are there to the single market and what are they?

What was one of the biggest barriers to trade for different countries?

What are the 2 main barriers having different currencies?

What is exchange risk ( provide example)?

What was an attempt to reduce exchange risk?

Who is Jacques Delors ?

When was the idea of a single currency developed?

What is the Maastricht treaty + how many stages does it have and explain?

Which countries opted out of the Maastricht treaty + why?

What is the eurozone?

What are some rationale for the EMU?

What did Germany + France want post Euro adoption?

What happened in PIGS countries and how did it affect France + Germany ?

What are some critiques of the EMU? *

What was the ECB’s plan with the EBU?

 Regling and Trichet support points about the Euro  

Stieglitz+feldstein refute points about the euro (3)

What happens where prices are transparent ?

Have new players been enthusiastic about adopting the euro and why?