The possible effects of the UK entry into the Euro on foreign trade and foreign direct investment in the country.
Title: The possible effects of the UK entry into the Euro on foreign trade and foreign direct investment in the country.
Category: /Business & Economy/Management
Details: Words: 1482 | Pages: 5 (approximately 235 words/page)
The possible effects of the UK entry into the Euro on foreign trade and foreign direct investment in the country.
Category: /Business & Economy/Management
Details: Words: 1482 | Pages: 5 (approximately 235 words/page)
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 our single currency. The third stage of EMU began …showed first 75 words of 1482 total…
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…showed last 75 words of 1482 total…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