Euro Zone Concept Euro Zone (or Euro Area) is the designation usually given to the group of countries of the European Union who joined the Euro in the sequence of the achievement of the Economic and Monetary Union third phase. The countries belonging to the Euro Zone are subject to a same monetary politic, which […]

Free Commerce Zone Concept The expression Free Commerce Zone designates an economic space formed by a group of countries who decided to eliminate among themselves several types of restriction to the free circulation of merchandise produced inside this economic space. This way, are eliminated the customs and commercial barriers in the transactions between the Free […]