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Economic And Monetary Union




''This article covers the general information on the topic. For information about the EMU of the European Union see Here .''

An economic and monetary union is a Single Market with a common currency. It is to be distinguished from a mere Currency Union (e.g. the Latin Monetary Union in the 1800s), which does not involve a single market.

This is the fifth stage of Economic Integration .

EMU is established through a currency-related Trade Pact .


LIST OF ECONOMIC AND MONETARY UNIONS



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