1. The Euro
... ' currencies will cease to be used and the Euro will be the legal tender for all monetary transactions (Keegan 2). Denominations for the new Euro currency will be issued in amounts of 1,2,5,10,50 for coins and 5,10,20,50,100,and 500 for bank notes (Peterson). For the countries that have decided to participate in the use of the Euro, its use becomes compulsory after the local currencies have been withdrawn. Up until ... . The Euro also holds financial and investment benefits for the United States. As with any major change in currencies or economic changes, the Euro holds benefits and drawb...
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- Approx Pages: 11
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