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This argument is important because it explains why the euro cannot be viewed in isolation from other economic forces. Among the discontinuities caused by borders, Mr. Rangan includes the following:

administrative rules and standards;
social and religious phenomena;
capabilities, including geography and natural resources;
economic development and infrastructure; and information differences, including language.

The main idea of the paragraph

According to Mr. Rangan, there are several factors that may block the integration, such as administrative rules and standards, the level of economic development and infrastructure, language, etc., in addition to currencies.

根据Rangan先生的研究，除了货币之外，还有好些因素会阻碍一体化的实现，其中包括行政管理规则和标准，经济和基础设施发展的水平，语言等。

• Briefing
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• Summary