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A critical feature of the EU(European Union) in general and EMU in particular is that there is no legitimate way for a member to withdraw... The American experience with the secession of the South may contain some lessons about the danger of a treaty or constitution that has no exits.
Martin Feldstein, "EMU and international conflict", Foreign Affairs, vol. 76, n. 6, p. 72, November/December 1997 | ||
