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What are the benefits and costs of using a common currency

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Reference no: EM131506602

Read the caseonpages124called, "The Greek Tragedy." Prepare your composition to cover the following topics or questionswith in the Body section of the paperdescribed for this assignment:

a. What are the benefits and costs of using a common currency for Greece, Germany, and the EU?

b. How do the austerity programs imposed by the bailouts help a Greek firm that exports olive oil?

c. For the? 750 billion European Stability Mechanism, even Sweden and Poland (EU members that do not use the euro) felt they had enough at stake to contribute.

But Britain (another EU member that does not use the euro) decided not to contribute any funds.

As a British official, how do you defend this decision?

Write a 3 to 5 page paper (1000 to 1500 words) in APA format. Below is a recommended outline.

1. Cover page

2. Introduction

a. A thesis statement

b. Purpose of paper

c. Overview of paper

3. Body (Cite sources with in-text citations.)

4. Conclusion-Summary of main points

a. Lessons Learned and Recommendations

5. References-

List the references you cited in the text of your paper according to APA format. (Note: Do not include references that are notcited in the text of your paper)

COURSE TEXT BOOK: Global Mike Peng, Cengage Learning, 2013 ISBN-10:1-111-821

Verified Expert

This assignment is completed in 1500 words in which we have explained introduction, benefits and costs of a single currency, Greece's austerity programs, the European stability mechanism and why didn't Britain join its memberships, conclusion and references.

Reference no: EM131506602

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