The Success of the West African Monetary System (WAEMU) (1819 words, 6 pages)
Most recently there has been an increasing trend toward formingmultinational currencies to hedge against risk. In Europe, 12 countriesadopted one currency, dollarization is implemented in El Salvador andEcuador, and many other Latin American countries like Mexico, Peru andGuatemala. In the Middle East, Bahrain, Kuwait, Oman, Qatar, Saudi Arabiaand the United ...
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