Of markets, products and prices - the effects of the Euro on European firms. Bruegel Blueprint Series 8, February 2009

摘要: In this Blueprint, Lionel Fontagne, Thierry Mayer and Gianmarco Ottaviano, show that trade flows have not increased meaningfully since the introduction of euro. However, volume can be a misleading yardstick. Other obstacles – it differences in regulation, legal framework, taxes or language are significant enough to continue act as binding constraints on internationalisation. terms prices, authors find euro has resulted less volatile lower especially within area, is clear plus for consumers.