Is the European Monetary Union a successful or failing experiment of modern economics? In particular, was it based on correct economic assumptions, did it rectify its structural flaws along the way, and will new potential members benefit from it?

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International trade and finance

Is the European Monetary Union a successful or failing experiment of modern economics? In particular, was it based on correct economic assumptions, did it rectify its structural flaws along the way, and will new potential members benefit from it?

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