Word: aptest
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Dates: during 1990-1999
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There are precedents for monetary integration, though usually conquerors simply repudiated the old currency and introduced their own. Perhaps the aptest parallel with East Germany's situation is the 1957 reintegration into West Germany of the Saar, after it had been incorporated into the French franc area for eleven years. But both sides were operating with realistic exchange rates; besides, the Saar then had 1 million inhabitants, while East Germany still has some 16 million...