ADVANTAGE AND DISADVANTAGE OF AN EU MEMBER

1   For example, UK normally spend at list E1.5billion for buying and selling foreign currencies to do business in the EU.

2   EU house hold find it difficult to meassure the prices of goods, resources across the EU and services due to distorting effect of exchange rate difference.

3   Political agenda is also included to the European bank.

4   Mostly trading and lifestyle of EU is normally operated effectively and efficiently.

5   Mostly strong currencies are spend in JAPANE such as yen and AMERICA spend dollars both are strong in economy aspect and have millions of inhabitant.
http://library.thinkquest.org/19110/english/advantag/index.html

http://www.news.bbc.co.uk/
                                            
                                          DISADVANTAGES
1   Is argued by the economist that the trade and cost of EMU is over grossly estimated.

2   Is iaso argued that the political independent central bank are undemocrate.

3   UK refused to join exchange rate mechanism because is argued that it is impossible to maintain exchange rate and stability with the ERM.
http://library.thinkquest.org/19110/english/advantag/index.html.


http://www.development.thinkaboutit.eu/.