Q
Which one of the following is not an argument in support of the UK joining the EMU ?
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A
A. None of these arguments they are all arguments in support of the uk joining the umu
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B
B. The characteristics of the uk housing market make uk consumers expenditure very sensitive to changes in interest rates
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C
C. The uk risks exclusion from the euroland capital market with damaging consequences with damaging
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D
D. The uk needs to be a member of the emu in order to continue to attract such large share of foreign direct investment in eu countries
Correct Answer:
B. B. The characteristics of the uk housing market make uk consumers expenditure very sensitive to changes in interest rates
