The Amero is a hypothetical common currency that would replace the Mexican Peso and the U. Academics have considered this possibility, but no serious proposal has ever been made by lawmakers in any of the three countries. Needless to say, the Amero is not traded in the interbank market. Grubel has proposed that a combined currency of the three nations would increase trade by reducing the complexity of trades involving more than a single currency and eliminating exchange rate risk.
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Click link below for: Concept Currency Mintage Figures. My goal with these coins is not to endorse a Union of North America or a common "Amero" currency. I fully support the United States Constitution, and I would not welcome in any form a diminishment of its provisions. I expect that these coins will help make more people aware of the issue and the possible ramifications.
I leave it up to others to decide if they are in favor of, or against a North American Union. And I encourage citizens to voice their approval or disapproval of government plans that impact them. The name of the new currency is the "Amero". The Wikipedia encyclopedia article has additional details about the " Amero ". This has been the source for many conspiracy theories tied in with other proposals such as the " Canamex Corridor ". Daniel Carr minted the first Amero coins, of any kind, in late These private-issue fantasy pattern coins will be struck as an annual series until such time as it is no longer legal to do so.
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Implementation would involve the three countries giving up their current currency units the U. The hypothetical currency for the union is most often referred to as the amero. The idea of a common currency has historically been unpopular in English-speaking Canada, in comparison to the French-speaking province of Quebec where it has received more support. Lower levels of currency cooperation have been practiced in the Americas before.
North American monetary union