Wiki Snapshot: April 3, 2008

The North American currency union is a theorized economic and monetary union of the three principal countries of North America, namely Canada, the United States, and Mexico.[1] Implementation would probably involve the three countries giving up their current currency units (Canadian dollar, U.S. dollar, and Mexican peso) and adopting a new one, created specifically for this purpose. The hypothetical currency for the union is sometimes referred to as the amero.[2][1] The concept is modeled on the common European Union currency (the euro), and it is argued to be a natural extension of NAFTA and the SPP. Conspiracy theorists contend that the governments of the United States, Canada, and Mexico are already taking steps to implement such a currency.[1] No current members of any country's government have stated a desire to implement a "North American Union". ~Wikipedia