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| Topic: |
History
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| Number of pages / Number of words: |
5 / 1336 |
Essay's paper body
Britain risks potential loss of increased inward investment in delaying adoption of the euro.
According to Simon Taylor, from JPMorgan Chase, joining the Euro would bring some added benefit to the UK. It would boost the current levels of trade, making it easier to business with single monetary transactions as compared to the current conversions that are necessary...
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However, this would have little direct impact on Britain, as their current foreign trading is very strong. It would also possibly stimulate foreign direct investment. For example, businesses in Spain and Portugal might be more apt to invest money in Britain if the wouldn’t be losing money that would be lost in the currency conversion...
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