Treaties and Alliances

The Columbia Encyclopedia, 6th ed. A Dictionary of Economics Further reading

Latin Monetary Union

The Columbia Encyclopedia, 6th ed. | 2011 | Copyright

Latin Monetary Union In 1865, France, Belgium, Italy, and Switzerland (joined in 1868 by Greece) agreed to regulate their national currencies on a uniform basis, thus making it freely interchangeable. Several other countries joined informally. The fluctuations of gold and silver created difficulties, and the union, further disrupted by World War I, was disbanded in 1927.

Cite this article
Pick a style below, and copy the text for your bibliography.

MLA
Chicago
APA

"Latin Monetary Union." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

"Latin Monetary Union." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1E1-LatinMon.html

"Latin Monetary Union." The Columbia Encyclopedia, 6th ed.. 2011. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-LatinMon.html

Learn more about citation styles

monetary union

A Dictionary of Economics | 2002 | | Copyright

monetary union Two or more countries with a single currency. Countries which formerly had independent monetary systems unite to adopt a single currency, or keep separate currencies but enter into a permanant and credible agreement to maintain a constant exchange rate between their currencies. A monetary union requires either a single central bank or the adoption of effective policy co-ordination between the central banks of the member countries; the Euro zone in fact has both.

Cite this article
Pick a style below, and copy the text for your bibliography.

MLA
Chicago
APA

JOHN BLACK. "monetary union." A Dictionary of Economics. 2002. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

JOHN BLACK. "monetary union." A Dictionary of Economics. 2002. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O19-monetaryunion.html

JOHN BLACK. "monetary union." A Dictionary of Economics. 2002. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O19-monetaryunion.html

Learn more about citation styles

Free newspaper and magazine articles

	The United States as a monetary union and the euro: a historical perspective. Magazine article from: The Cato Journal; 3/22/2004
	THE UNITED STATES AS A MONETARY UNION AND THE EURO: A HISTORICAL PERSPECTIVE Magazine article from: The Cato Journal; 4/1/2004
	Prospects for regional monetary integration in Latin America: a view from the... Magazine article from: Comparative Economic Studies; 9/1/2003