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Stiglitz Canada and the US trade to mutual advantage without any of the trappings of a single currency, single market or free movement, so there is an alternative model.

If the euro is not working, and if, as Stiglitz argues, it is actually making things much worse, then the cross-border infrastructure should be created so that it does work. 

Otherwise, if this is too much integration for Europe to stomach, the euro should be abandoned. 

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