An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990

In December 1991 the European Council in Maastricht provided for the introduction of a single European currency. This decision was motivated partly by the belief that a single currency would reduce the transaction costs within the European Union. An assessment is undertaken of the contribution to co...

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Main Author: M. VAN LEUVENSTEIJN
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10521
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author M. VAN LEUVENSTEIJN
author_facet M. VAN LEUVENSTEIJN
author_sort M. VAN LEUVENSTEIJN
collection DOAJ
description In December 1991 the European Council in Maastricht provided for the introduction of a single European currency. This decision was motivated partly by the belief that a single currency would reduce the transaction costs within the European Union. An assessment is undertaken of the contribution to cost reduction of the ECU (European Currency Unit) as an invoicing currency in the period from 1983 to 1990.   JEL Codes: F31, F36
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spelling doaj.art-6adad9905132414f8ae617643c25d4d22023-02-03T16:46:50ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-014718810.13133/2037-3643/10521An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990M. VAN LEUVENSTEIJNIn December 1991 the European Council in Maastricht provided for the introduction of a single European currency. This decision was motivated partly by the belief that a single currency would reduce the transaction costs within the European Union. An assessment is undertaken of the contribution to cost reduction of the ECU (European Currency Unit) as an invoicing currency in the period from 1983 to 1990.   JEL Codes: F31, F36 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10521Foreign exchange and eurocurrenciesEuropean Currency Unit
spellingShingle M. VAN LEUVENSTEIJN
An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
PSL Quarterly Review
Foreign exchange and eurocurrencies
European Currency Unit
title An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
title_full An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
title_fullStr An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
title_full_unstemmed An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
title_short An analysis of the ECU as an invoicing currency in international trade in the period 1983-1990
title_sort analysis of the ecu as an invoicing currency in international trade in the period 1983 1990
topic Foreign exchange and eurocurrencies
European Currency Unit
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10521
work_keys_str_mv AT mvanleuvensteijn ananalysisoftheecuasaninvoicingcurrencyininternationaltradeintheperiod19831990
AT mvanleuvensteijn analysisoftheecuasaninvoicingcurrencyininternationaltradeintheperiod19831990