Economic and Monetary Union in Europe Assignment

Economic and Monetary Union in Europe - Assignment Example When the concept of European Union was initially proposed, people thought it as a simple regional cooperation to exploit the possibilities of globalization. The concept of Economic and Monitory Union (EMU) in Europe was discussed earlier, but it failed to materialize because of various reasons. â€Å"The immediate impulse that led to the relaunch of EMU in the late 1980s was in the prospect of the completion of the Single Market†. â€Å"On December 10, 1991, at the Maastricht summit, the member states of the European Communities adopted the treaty on European Union. It amends and extends the 1957 treaty of Rome which established the European Economic Community†. This paper analyses the economic and monitory unions in Europe. The economic and monitory union (EMU) in Europe was established in 1999. The EMU has two components; an exchange rate union, and complete convertibility. Moreover, there are a number of alternative sets of monetary arrangements that are in theory co nsistent with monetary union such as currency union, exchange rate union, free inter-circulation union, parallel currency union etc. The necessities of a single currency in the integration process forced EU to think in terms of a single currency under the control of EU rather than the individual member countries. EU is responsible for determining the exchange rates, interest rate and other monitory polices. Individual countries do not have the authority to print more currencies or Euros than prescribed by the EU.

Rhetorical analysis memo Assignment Example | Topics and Well Written Essays - 1250 words

Rhetorical analysis memo - Assignment Example Today, the organization has over 2,500 members where they have put up programs to promote pig farming on a large scale. Ohio shelters over 4,100 pig farmers and many of these are operated by families and this organization ensures that they become successful in producing healthy pork for the nation (â€Å"What do pigs eat†). The mission of Ohio Pork Farmers organization is to help all the Ohio pork producers understand a healthy and safe environment for the pigs. The author’s purpose is to show the pig farmers the healthy process through diet that pigs under this organization undergo to produce quality and healthy pig products for the nation. The intent of the organization is to create a video that shows the benefits of modern commercial pig farming to produce the best pork products for the society. This video is most likely created for the larger Ohio community, who participate in pig farming to encourage them to join and partake in the extensive and controlled modern p ig farming process (â€Å"What do pigs eat†)? The intended audience is Ohio farmers and potential farmers to show them the steps the Ohio Pork Farmers organization is making to produce healthy pig products. By referencing to â€Å"modern† pig farming process, the video targets all private farmers to encourage them to become members, so that they benefit under the Ohio Pig Farmers organization. The video talks of pig feeds being â€Å"scientifically formulated† (â€Å"What do pigs eat†) to enlighten private farmers to join such an organization for a bigger commercial establishment. The author values modern pig farming and references this by citing that â€Å"modern pigs are fed on a diet of corn and soy beans (â€Å"What do pigs eat†). Through this revelation, it becomes apparent that the author values the process of a modern commercial farming unit where pigs are kept in controlled housing to get proper diet. In the