English to Persian (Farsi) Bus/Financial International Org/Dev/Coop

The loss from sacrificing exchange rates flexibility in the Eurozone candidate
countries became directly confronted with benefits related to exchange rate stability
associated with sacrificing monetary autonomy. Despite plausible advantages of pegging
exchange rates of candidate countries to euro followed by the euro adoption it seems to be
clear that risks associated with potential effects of breakdown in mutual interconnections
between macroeconomic development and flexible exchange rates leading path seem to be of
a minor interest in current empirical literature.