Why GB should or should not join the euro?
Date Submitted: 09/09/2006 23:09:45
Category: / Business & Economy / Accounting
Length: 5 pages (1498 words)
Category: / Business & Economy / Accounting
Length: 5 pages (1498 words)
Why GB should or should not join the euro?
The Euro has been in years in the making. The Treaty of Rome (1957) declared a common European market as a European objective with the aim of increasing economic prosperity and contributing to "an ever closer union among the peoples of Europe". The Single European Act (1986) and the Treaty on European Union (1992) have built on this, introducing Economic and Monetary Union (EMU) and laying the foundations for …
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…nation. No doubt that there are benefits involved, but there are also many uncertainties and foreseeable problems. If the government does decide to go ahead and establish this single currency, it will be the biggest major monetary changeover the UK has ever gone through.
Bibliography
http://www.euro.ecb.int/ - Euro 2002 Information Campaign
The EURO. Should Britain Join? YES or NO? - Browne, A (2001), Icon Books
Britain, Europe and EMU - Eltis, W (2000), Macmillan
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