Please provide detail responses:
Which European Union members are part of the Eurozone and which lie outside it?
Which are in principle obliged to join it once they meet the criteria?
Very briefly list the main criteria for joining the Eurozone.
What is the purpose of requiring that new member countries meet these criteria?
What fraction of Eurozone output comes from its four largest economies?
What fraction comes from Estonia and Finland?
Very briefly, what are some of the main advantages of the common currency (the euro)?
In June, 2016, the UK voted by referendum to leave the European Union.
a) Will the departure of the UK have a sizable impact on the size of the European Union?
b) What were the main reasons the UK voted to leave the European Union?
c) What are the potential implications of Brexit for the movement of workers within the EU and for immigration from outside the EU?