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Should the African Union have a common currency like the Euro?
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Selected thesis
The African Union should have a common currency.
Pros
Cons
Pro claim 1
A common currency for the African Union may have a more stable value than separate currencies.
Pro claim 2
A common currency makes trade easier.
Con claim 1
Countries have less control over their monetary and fiscal policies when they use a common currency.
Con claim 2
Having a common currency increases the risk that economic crises spread.