Europe's situation is particularly tricky, because the euro zone is not an optimalcurrencyarea.
由于欧元区并非最优货币区,使得欧洲的情况特别棘手。
2
Optimalcurrencyarea theory is a theory concerning exchange rate mechanism and currency integration.
最适货币区理论是关于汇率机制和货币一体化的理论。
3
This paper first introduces general theories of economic integration and optimalcurrencyarea and reviews the history of European Union and European economic and Monetary Union.