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In this paper I will detail how the euro came to be and the planning that was needed to undertake such a huge project. I will also discuss the euro's impact against the U.S. dollar as well as its current and potential impact on international business. Finally, I will explore the possiblity of euro expansion on the international business scene.
The Euro: Europe's Common Currency
The Maastricht Treaty
For hundreds of years Europe was the scene of many frequent and bloody wars. For example, in the period 1870 - 1945, France and Germany went to war against each other three times and many European leaders believed that the only way to secure Europe with a lasting peace was to unite them economically and politically...
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