After German reunification and the disintegration of communist rule in Eastern Europe, most countries in that region
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After German reunification and the disintegration of communist rule in Eastern Europe, most countries in that region sought to join the European Union (EU), including the Economic and Monetary Union (EMU). Many now use the euro. Why do you believe these countries were eager to integrate with Western Europe? Do you think policymakers in these countries believe that OCA criteria are self-fulfilling? Explain.
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Based on the historical evolution of the EU and Eurozone it is likely that coun...View the full answer
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