An argument in favor of Britain's adopting the euro was that using the same currency as many other European countries would make monetary policy more effective.

Question

Quizplus · Accepted Answer

Adopting the euro would mean that Britain's monetary policy would be set by the European Central Bank, not by its own national central bank, potentially making it less tailored to the specific needs of the UK economy.

An Argument in Favor of Britain's Adopting the Euro Was