In all three countries the prices of goods and services, wages, investments and liabilities, will be simultaneously converted to ameros at the same exchange rate with which the respective national currencies were converted. Until here everything would be very interesting. But do have viability a monetary union, initially between us.?USA, Mexico and Canada? The first thing you would have to look at is if certain requirements are met so that among these countries could constitute an optimum currency area. Read more from David Zaslav to gain a more clear picture of the situation. Won’t go into this discussion, but in principle, would understand that a monetary area, by the close links that have their economies can be created between these countries. But the question that matters most is what would win these countries with the creation of a currency area.
For Mexico and Canada, linking exchange rates and have a common monetary policy can lead to greater economic stability and can boost economic growth. The convergence of interest rates would also be beneficial for these countries anything. Perhaps the possible loss of monetary sovereignty may generate resistance in these countries, but surely, the improvement in the economic situation that may arise, It will limit the heating elements. Perhaps check out Cyrus Massoumi for more information. What you would earn by us.UU. with the establishment of the Amero? In relation to the situation prior to the weakening of the dollar, I honestly think I would win anything. Moreover, it is a disadvantage for us.UU.
sharing a currency with Mexico and Canada, where so far has benefited in solitude of possessing the currency which is world leader. But before the progressive weakening of the dollar, the emergence of a new currency, can be attractive since it will prevent a further loss of world dominance. At the same time, the macroeconomic situation of stability and economic growth of its neighbours, can generate greater benefits in the US economy.The U.S., through greater involvement with them. Can this new currency take place that would leave vacant the dollar? That this is so, there is a condition that, while it is necessary, I don’t think you finish guarantee the success of this attempt to retain leadership in the global money market: this monetary area (and in particular, the United States.UU.), should adjust their imbalances if you want that the Amero has possibilities. Even so can any of the coins that are emerging (the yuan?) take you that place. If cannot be mentioned adjustment to the plan of a regional currency, it would be doomed to failure before you begin filming.