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Trade Regionalization, Exchange Rate Policies and EU-US Economic Cooperation

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Abstract

This paper demonstrates that trade regionalization has important monetary and exchange rate implications. It goes on and argues that EU increased importance in the monetary field following the euro’s introduction and the anticipated development of its international role may contain the hazard of confrontation between the major blocks and therefore lead to a system less stable than a unpopular system. Appropriate arrangements for cooperation between the poles will be crucial to the stability of the system.

Suggested Citation

  • E. Thalassinos, 2007. "Trade Regionalization, Exchange Rate Policies and EU-US Economic Cooperation," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 111-118.
  • Handle: RePEc:ers:journl:v:x:y:2007:i:1-2:p:111-118
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    Keywords

    Regionalization; regional economic integration; exchange rate policies;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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