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Posts Tagged ‘irish economy’

There is no question that the Irish economy changed when the euro was introduced. But whether converting to the euro was what caused those changes is a matter of speculation. Because Ireland is an island, and because it is located rather far away from other EU countries, some economists thought that the introduction of the euro would cause an increase in exports. The reasoning was that countries on the continent were used to trading with one another before the advent of the euro, and that Ireland would gain attention by being the new trading partner on the block.

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