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It is important to compare the class of Euclidean domains with the larger class of principal ideal domains ( PIDs ).
An arbitrary PID has much the same " structural properties " of a Euclidean domain ( or, indeed, even of the ring of integers ), but knowing an explicit algorithm for Euclidean division, and thus also for greatest common divisor computation, gives a concreteness which is useful for algorithmic applications.
Especially, the fact that the integers and any polynomial ring in one variable over a field are Euclidean domains such that the Euclidean division is easily computable is of basic importance in computer algebra.

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