Latin Monetary Union

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Latin Monetary Union

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.

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A Dictionary of Economics | 2002 | | Â© A Dictionary of Economics 2002, originally published by Oxford University Press 2002. (Hide copyright information) Copyright

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Free newspaper and magazine articles

	Strong investment opportunities in Latin America seen, as radical change is experienced in Europe due to EMU.(European Monetary Union) Magazine article from: Real Estate Weekly; 5/12/1999
	Perspectives on a Potential North American Monetary Union. Magazine article from: Economic Review (Atlanta, Ga.); 10/1/2000
	Not your father's Latin America: its troubles continue, but the region has made real progress.(Essay) Magazine article from: National Review; 8/10/2009

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