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Create a 4 pages page paper that discusses what implications, if any, do you draw about emu as an oca for these 4 countries and why. EMU can also be as optimal currency areas for the four countries such as France, Germany, Italy and UK and it has certain amount of implications for these four countries. A member state must comply and should be a part of the EMU stage to adopt Euro as a common currency in the member states for managing trade and exchange rate. This Union is essential for ensuring that the member states of the European nations are able to increase the efficiency of the economies of European Union (Melitz, 2011).

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