Which of the following is a reason for Great Britain, Denmark, and Swe

QUESTION

Which of the following is a reason for Great Britain, Denmark, and Sweden to stay out of the euro zone?

A. The dollar peg advocated by some members of the European Union

B. The implied loss of national sovereignty to the European Central Bank

C. The volatility of the euro

D. The reluctance to compete directly against the U.S. dollar

E. The reluctance to be considered an optimal currency area

 

ANSWER

B

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