Problem
1. Why might the business cycles of the UK not be synchronized with those of the 12 current members of the euro area?
2. Do you think that the business cycles of Ireland are likely to be better synchronized with the rest of the euro area than are those of the UK? If so, given Ireland's long-standing economic links with the UK, why might this be so?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.