Macroeconomics Case Study

Euro vs the US Dollar

OR

Abstract:
The case study revolves around the impact of the single currency of the European Union (EU), the euro, in the International Monetary System. Various factors that led to the international acceptance of the currency have been considered vis-à-vis the euro.

Pedagogical Objectives:

• To discuss whether the euro will break the dollar's hegemony in the world markets.

Keywords : Euro, Dollar, International Monetary System, Single currency, Denomination currency for oil trade, Monetary Policy Case Study, Reserve currency, European Union, Stability and growth pact, European Monetary System, European Central Bank, Economic and Monetary Union, Convergence criteria, European Commission, Gold reserve, UK economic tests