Towards North American Monetary Union?

The Politics and History of Canada's Exchange Rate Regime

Business & Finance, Economics, Money & Monetary Policy
Cover of the book Towards North American Monetary Union? by Eric Helleiner, MQUP
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Author: Eric Helleiner ISBN: 9780773582408
Publisher: MQUP Publication: May 10, 2006
Imprint: MQUP Language: English
Author: Eric Helleiner
ISBN: 9780773582408
Publisher: MQUP
Publication: May 10, 2006
Imprint: MQUP
Language: English
Helleiner finds little support in the U.S. for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the U.S. Federal Reserve and the European Monetary Union, he argues that the influence of Canada within a North American monetary union would be far less than that of individual countries within the European community. He also considers the seemingly paradoxical support of Quebec sovereignists for free trade and monetary union.
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Helleiner finds little support in the U.S. for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the U.S. Federal Reserve and the European Monetary Union, he argues that the influence of Canada within a North American monetary union would be far less than that of individual countries within the European community. He also considers the seemingly paradoxical support of Quebec sovereignists for free trade and monetary union.

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