ALBA and Currency union

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between ALBA and Currency union

ALBA vs. Currency union

ALBA or ALBA-TCP, formally the Bolivarian Alliance for the Peoples of Our America (Alianza Bolivariana para los Pueblos de Nuestra América) or the Bolivarian Alliance for the Peoples of Our America - Peoples’ Trade Treaty (Alianza Bolivariana para los Pueblos de Nuestra América - Tratado de Comercio de los Pueblos), is an intergovernmental organization based on the idea of the social, political and economic integration of the countries of Latin America and the Caribbean. A currency union (also known as monetary union) involves two or more states sharing the same currency without them necessarily having any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market).

Similarities between ALBA and Currency union

ALBA and Currency union have 8 things in common (in Unionpedia): Eastern Caribbean dollar, Free-trade area, Grenada, Jamaica, SUCRE, United States, United States dollar, Vietnam.

Eastern Caribbean dollar

The Eastern Caribbean dollar (symbol: $; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS).

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Free-trade area

A free-trade area is the region encompassing a trade bloc whose member countries have signed a free-trade agreement (FTA).

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Grenada

Grenada is a sovereign state in the southeastern Caribbean Sea consisting of the island of Grenada and six smaller islands at the southern end of the Grenadines island chain.

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Jamaica

Jamaica is an island country situated in the Caribbean Sea.

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SUCRE

The SUCRE (Sistema Unitario de Compensación Regional, English: Unified System for Regional Compensation) is a regional currency proposed for commercial exchanges between members of the regional trade bloc Bolivarian Alliance for the Americas (ALBA), which was created as an alternative to the Free Trade Agreement of the Americas (FTAA).

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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Vietnam

Vietnam, officially the Socialist Republic of Vietnam, is the easternmost country on the Indochina Peninsula in Southeast Asia.

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The list above answers the following questions

What ALBA and Currency union have in common
What are the similarities between ALBA and Currency union

ALBA and Currency union Comparison

ALBA has 119 relations, while Currency union has 198. As they have in common 8, the Jaccard index is 2.52% = 8 / (119 + 198).

References

This article shows the relationship between ALBA and Currency union. To access each article from which the information was extracted, please visit:

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