Class #7 - 7.1 Discussion 1 Which EU members have not...

  • No School
  • AA 1
  • 1

This preview shows page 1 out of 1 page.

7.1 Discussion: 1. Which EU members have not adopted the euro? a. Great Britain, Poland, Bulgaria, b. 28 members in the EU and 19 members have adopted the euro 2. Are these countries free to choose a currency they want to use? a. No, and cannot just chose to use the euro due to havig very extensive criteria to bemembers of the euro zone b. Austria and hungary have a floating exchange rate regime 3. What are the reasons in your opinion, for them to not have adopted the euro? a. I feel they havent adopted the euro due to wantig to have control over their own monetary and fiscal policy
Image of page 1

Unformatted text preview: b. Dont have requirememts c. Dont want tolose their autonomy 7.2: EU members not int he euro 1. Countries have an opet outclause:denmark and UK a. 2. Countries with derogation:sweded, poland, hungary, czech republic, bulgaria, romania and croatia a. When they fulfillt he requirements, they expect to join the eurozone 3. 1997- UK announced 5 economic conditions to be mes so that the country joins the EMU a. Stability in wages b. UK remains the financial hub c. High growth and high stability of the economy 4....
View Full Document

  • Fall '19

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes