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Copyright © 2011 Cengage Learning 38 Common Currency Areas and European Monetary Union.

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Presentation on theme: "Copyright © 2011 Cengage Learning 38 Common Currency Areas and European Monetary Union."— Presentation transcript:

1 Copyright © 2011 Cengage Learning 38 Common Currency Areas and European Monetary Union

2 MAP 1 Map of Europe Copyright © 2011 Cengage Learning

3 Figure 1 A Shift in Consumer Preferences Away from German Goods Towards French Goods Copyright © 2011 Cengage Learning

4 Figure 2 A Shift in Consumer Preferences with Flexible Exchange Rates Copyright © 2011 Cengage Learning

5 Table 1 Imports Plus Exports of 15 EU Countries From and To Other EU Countries as a % of GDP Copyright © 2011 Cengage Learning

6 Figure 3 Growth Rates in Germany, France and the Whole Euro Area Copyright © 2011 Cengage Learning

7 Figure 4 Growth Rates in Ireland and the Whole Euro Area Copyright © 2011 Cengage Learning


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