Should the UK join the Euro? . We will have a vote at the start and the end. Join Abstain Not join. Benefits. The best answers will prioritise the benefits and costs made. They will also go on to offer a counter argument. 1) Less transactional costs.
We will have a vote at the start and the end
There will be no longer a cost involved in changing currencies; this will benefit tourists and firms who trade within the EURO area. 1% GDP.
Gordon Brown drew up 5 economic tests which the UK must pass for the UK to join. The main principle behind these 5 economic tests was whether the UK would cope with a common monetary policy. It was really asking