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Unformatted text preview: is very significant. For instance, in 1981 with the entrance of Greece, Spain, and Portugal, the community’s presence in Southern Europe was strengthened. One of the EU’s biggest successes is the encouragement of German unification after the fall of the Berlin Wall and its entrance to the community. Also, with the fall of Soviet Union, the community sought out to acquire the formally communist central and eastern European countries to join, and was agreed upon through the Copenhagen criteria which define whether a country is eligible to join. In 1999 the Euro was introduced and became a major world currency for payments and reserves right next to the U.S. Dollar. Twelve European countries now use this as their form of currency....
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This note was uploaded on 04/08/2011 for the course MKT 350 taught by Professor Hannah during the Spring '11 term at Suffolk.
- Spring '11