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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Format: | Article |
Language: | English |
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Associazione Economia civile
2013-10-01
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Series: | PSL Quarterly Review |
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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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first_indexed | 2024-04-10T17:30:18Z |
format | Article |
id | doaj.art-6adad9905132414f8ae617643c25d4d2 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:30:18Z |
publishDate | 2013-10-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
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 |