1 Table of Contents: “... Cooperation between Europe and America -- Fiscal Interactions between Germany and France -- Fiscal Competition...”

2 Table of Contents: “... -- 1. Monetary Policy in the Union -- 2. Fiscal Competition between Germany and France -- 3. Fiscal...”

3 Table of Contents: “... and France -- 4. Fiscal Cooperation between Germany and France -- 5. Competition between the Union Central...”

4 Table of Contents: “...The Rate of Inflation -- Monetary Policy in Europe -- Fiscal Policies in Germany and France...”

5 Table of Contents: “... Interactions between Germany and France -- Competition between the German Labour Union and the French Labour...”

6 Table of Contents: “... in Germany and France -- Competition between European Central Bank, German Government, and French Government...”

7 Table of Contents: “.... Fixed Money Wages in Germany, Flexible Money Wages in France -- 4. Slow Money Wages -- 5. Different...”

8 “... union of two identical countries, say Gennany and France. The monetary union is a small open economy...”