Discuss the pros and cons for britains joining the emu-nbsp


1. Discuss the pros and cons for Britain's joining the EMU.

2. Commentators pointed to the fact that many people in Britain have variable rate mortgages, as opposed to the fixed-rate mortgages more common in Europe. Britain also has the most flexible labor markets in Europe. How would these factors likely affect Britain's economic costs and benefits of adopting the euro?

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