Exploring the disparities in economic needs between advanced economies like Germany and developing economies like Romania within the European Union, including the complexities of trade deals and unified monetary policies amidst diverse economic conditions.
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The EU, a unique economic giant, acts similarly to the US federal government, hinting at a "United States of Europe" with its shared currency, policies, and trade deals among 27 states. Despite its near-federal structure, it lacks some federation benefits, posing issues for its members. With a $20 trillion output, second only to the USA, it wields significant global influence. However, its major economies face stagnant growth, mirroring challenges for smaller members.
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