GCC Countries Could Benefit from Common Currency, Boosting Trade Efficiency
The goal of the study was to see if it makes sense for the Gulf countries to share a common currency. The researchers looked at different economic factors that can cause ups and downs in the economy. They found that these factors are pretty similar in all the Gulf countries. This means that having one currency could make things easier and more efficient for trade and policy-making. It could also help with stability and credibility in exchange rates.