• Amero

    Origin

    From America, perhaps modelled on euro; coined by Canadian politician Herb Grubel in 1999.

    Full definition of amero

    Noun

    amero

    (plural ameros)
    1. A proposed unified currency of Canada, the United States, and Mexico.
      • 2003, Louis-Philippe Rochon, Mario Seccareccia, Dollarization: lessons from Europe and the AmericasThe amero notes and coins will have in common abstract designs on one side. Notes and coins will be produced in each of the three countries...
      • 2006, Amy Verdun, Britain and Canada and their large neighboring monetary unionsFrom the US point of view, the key benefit of the amero model - reduced transactions costs - would be fully duplicated by the dollarization alternative.
      • 2006, Vasu Brown, Digital Xchange - Boring Ways to Learn the DX MarketThe Amero would increase the GDP of the US by only roughly 15%.
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