Here is the synopsis of our sample research paper on Britain's Euro Dilemma. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper thoughtfully looks at the cases for and against the embrace of the euro by Britain. The situation is discussed several years after the advent of the new currency. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA332EU1.rtf
Buy This Term Paper »
 
Unformatted sample text from the term paper:
to join the party. In fact, recent speculation seems to suggest that Britain will not be on board anytime soon. Reed, Sains & Reinhardt (2003) report: "British Prime Minister Tony
Blairs hopes of shepherding his country into the European Monetary Union (EMU) might also be dashed if the anti-euro contingent in Britain gathers fresh courage from a Swedish rejection" (p.44).
Indeed, Sweden is contemplating the currency so Britain is not the only nation that has not hopped on board the euro train, and it might not do so ever.
Why? There are a multitude of reasons why Britain would fare best by staying away. At the same time, there are reasons for the country to go forward and adopt
the euro as its currency. Each side of this issue is complex and supporters of the points of view have valid arguments. While the single currency concept is
rather positive, what might cause a nation to be skeptical? One reason might be because national currencies tend to be symbolic of sovereignty ("Why the politics," 1998). For example, the
U.S.S.R. broke up, and each nation state introduced their own distinct type of money (1998). One can see that currency is both symbolic and political. Additionally, in evaluating why Britain
may not want to join, aside from their rhetoric, may in fact be underlying feelings of vulnerability. There are several historical references that might help to explain why Britain
might not want to join (1998). The Latin Monetary Union of the 1800s is just one example (1998). Although there are many negatives, the list does not seem to be
all that detrimental. Also, on the positive side, it is also important to realize that strength would increase in Europe if in fact an important country like Britain joined the
...