“The Impact of a Common Currency on the European Union”

Your submitted topic “The Impact of a Common Currency on the European Union” is acknowledged; it is your responsibility to ensure that your topic meets the criteria for analysis of international trade and finance. Background information, as well as, discussion and history of your research topic should be minimal; definitions are not to be included. Your paper should explain, in dollars or a country’s currency, not percentages, what profits/losses occurred related to your topic, what happened economically because of your topic, what your topic would contribute to the U.S. and/or other affected countries’ economies. Suggested: your topic’s effect plus or minus on each affected countries’ GDP, the balance of payments, labor costs, exports/imports, etc.

Your paper’s focus must be your topic and its positive and/or negative international economic impact expressed in dollars or a country’s currency. Once again, the total focus of your paper must be quantitative analysis (currency) and not a qualitative presentation of your topic. Papers are graded using the criteria listed in the syllabus, please refer to the syllabus for additional information.

NOTE: Expressing comparisons as a percentage is ambiguous without a base value because the amount of change can be greater with a small percentage change versus a very large percentage change. Example:

If a country’s GDP increases 500% but the GDP base value is only 100, their GDP is 500.
If a country’s GDP increases by 4% but the base value is 1 million, its GDP is 1,040,000.