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Britain And Joining The Economic And Monetary Union
Part 1 of Paper
....n of Europe. Deeper monetary co-operation would strengthen political bonds between EU member states and protect a common market. Thus, since the 1960's, the EMU has been a recurring goal of the European Union whilst its member states have made sustained efforts to strengthen monetary co-ordination between themselves..... Part 2 of Paper
....th the Euro. The UK decimalization in 1971 took almost 5 years to complete, yet this involved a change in only one currency compared with up to 15 if the EMU goes ahead. Apart from producing and distributing the new currency, IT systems, tills, slot machines and accountancy systems will have to be changed. These will also have to be adapted to operate dual-currency systems during the three years between 1999-2002, during which national currencies will circulate alongside the Euro. The Europea.... |
| Number of words: 2645 - Approximate pages: 10 |
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