That thing called NAFTA is a " free trade agreement" hence the "FTA". It has nothing to do with politics or using a common currency. SO how exactly does the European Union create "$$$$$$$$$$$"????
And what exactly is the "horse race" about??? Win what??? The bragging rights? I read a study done by the UK government trying to figure out how exactly using a common Euro would benefit the UK. There was no clear benefit and many potential problems. It a completely emotional venture, led by countries like France that want to regain past glories.