| Your Biography: |
| Some of your favorite reading material includes Fortune 500 and The Wall Street Journal. You feel naked without your laptop, beeper, and cellular phone by your side. Your favorite piece of clothing is your navy blue "dress for success" suit. You are a cut-throat business person, you didn't get to be successful by doing something for nothing. By being in the know about economy and European markets, you stand to make BIG BUCKS in your business investments. As a business person, your interest is in the factors that change the worth of something. In order to get to the big idea you need answer some basic questions. You also are efficient and use you time wisely. You write down your responses to the questions supporting your answer with information that you have found because you know that the notes that you take will help you and the members of the task force create your report. |
| 1. Will the treaty improve the employment situation in Europe? |
| 2. What does the treaty do to offset negative effects of economic globalization? |
| Suddenly, you take a walk down memory land and think about the time you visited Europe several years ago.... |
| Your last business trip to Europe was back in 1996. You remember having to exchange currency (money) every time you went into a different country to be able to buy something as simple as a sandwich. You had taken a night train from Spain and woke up in France. You had to wait one hour to get on the next train from Paris, France to Cologne, Germany, your final destination. You woke up hungry and had to get something to eat. However, before you could do that you had to find a bank or one of those expensive, but convenient, Thomas Cook exchange counters located in the train station right next to the snack stand. Although you consider yourself to be frugal when it comes to unexpected expenses, you were so hungry that you actually spent $3.00 to exchange about $10 worth Spanish money just to be able to buy a $6.00 meal in French money. What a headache that was!!! Finally, you filled your belly and got on the train to Germany, just dreading the thought of having to go through this again in the next few hours. |
| This got you to thinking...Does this mean that
some countries will benefit more, than others from this union? You
decide to checkout the web
site and test out the theory with the money that you know the best--
The Mighty Dollar. You compare the value the Euro, to the other rates
of exchange for money used by countries in the European Union and other
European Countries.
3. If the money from each of the cournties in Europe has a different value or worth, What will the "value" of the Euro be? |