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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2858 |
Essay's paper body
It became easy to spend money all over Europe.
Furthermore there has been a significant reduction in transaction costs and price transparency. On the one hand, a fact that makes it cheaper to buy products abroad, on the other hand, a circumstance that makes prices more comparable for everyone. Another advantage of economic integration is the removal of exchange rates...
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Another advantage of economic integration is the removal of exchange rates. Firms which have export or import businesses do not have to speculate anymore. Business partners use the same currency and there is no need for foreign exchange anymore.
1.3 Economic Integration at the Labour Market
Another important aspect is the labour market...
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