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from above link

The "amero" is the appellation given to what would be the North American Union's counterpart to the euro. It was first proposed in 1999 by Canadian economist Herbert G. Grubel.[11] A senior fellow of the Fraser Institute think-tank, he published a book entitled The Case for the Amero[43][44] in September 1999, the year that the euro became a virtual currency. Robert Pastor, vice-chairman of the Independent Task Force on North America, supported Grubel's conclusions in his 2001 book Toward a North American Community, stating that: "In the long term, the amero is in the best interests of all three countries."[48] Another Canadian think-tank, the conservative C.D. Howe Institute, advocates the creation of a shared currency between Canada and the United States.[49] Although then-Mexican President Vicente Fox had expressed support for the idea, when Grubel brought up the idea to American officials, they said they were not interested, citing lack of benefits for the U.S.[11]

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