Quote:
Originally Posted by Thor
I just want Iceland to pick up a new currency, Canada dollar sounds nice, no thanks on the Drachma  |
If Iceland was smart, they'd have adopted the Euro by now. An economic study of the impact of the adoption of the euro by Iceland found that the Icelandic króna acts both as a barrier and buffer to international trade,
and that by joining the EU and adopting the euro, Icelandic international trade might be 60% higher.
That kind of boost to your int-trade is neigh-impossible to obtain by other means and make all kinds of sense. Hopefully, if Greece comes out, then Iceland can come in.