Should the UK join the EURO? Free Essay, Term Paper and Book Report
SHOULD THE UK JOIN THE EURO?
NIKKI ACTON 13JLB
With the change over to the Euro notes and coins now complete across the Euro-zone, twelve countries that have adopted the Euro as their currency, the debate over whether to adopt the single currency in Britain continues. There will be those who argue that the introduction of the single currency is merely the next logical step in the development of a truly single market, and that by joining, Britain would gain a voice in what could eventually become the worlds most powerful economic zone. Others believe that a successful common market is not dependant on the adoption of a single currency, which they see as merely another irrevocable step towards the political union of Europe. But the main focus of the debate centres on the parameters of macro economic objectives.
To start, I will discuss the arguments against the UK joining the euro
The UK government has 3 major macro economic objectives and 2 on a slightly smaller scale: i) a high, but stable rate of economic growth within the UKs potential ii) high, but stable empl......
Word Count: 2719
Page Count: 10.8 (250 words a page / double spaced)
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