ECO4451 England Financial Situation European Union Discussion

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ECO4451 England Financial Situation European Union Discussion

There are two economic based questions below

The European Union (EU) is comprised of 28 governments while there are 19 countries tied to the Euro. The citizens of England have voted to leave the European Union.

  1. How is England’s financial situation doing now?
  2. What occurred to prompt England’s citizens to vote to leave the EU?
  3. If England is no longer a member of the EU, compare economic advantages/disadvantages.
  4. If England remains a member of the EU, compare advantages/disadvantages.
  5. What impact will occur on the value of the Euro if England is no longer a member of the EU? Why?
  6. What impact will occur on international exchange rates of the EURO if England is no longer a member of the EU? Why?
  7. If you are the sole decision maker for England, what would you do concerning England’s departure from or remaining in the EU and why? 400 words

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