P/E/214. Dissertation. Euro and International Trade

The dissertation seeks to investigate the effects of monetary union (MU) membership on the international trade arguing that the trade between the countries that share the same currency is much more effective than the trade between the countries that have different currency. The review of literature presents a theoretical and empirical analysis of MU and its impact on international trade. The research methods include collecting and analysing statistical data on international trade flows. A model is created to cover independent variables that determine a countrys levels of international trade. Conclusions are made about the results obtained through quantitative and qualitative research.