Which of the following illustrates concerns about national sovereignty overriding the objective of regional economic integration?
A)OPEC nations regulating the supply of petroleum as a cartel
B)APEC failing to establish itself as a regional arrangement
C)Admission of Eastern European nations into the EU
D)Great Britain choosing not to opt for the euro

Question

Quizplus · Accepted Answer

Although most EU member states have signed on,Great Britain remains an important holdout.A politically important segment of public opinion in that country opposes a common currency on the grounds that it would require relinquishing control of the country's monetary policy to the EU,which many British perceive as a bureaucracy run by foreigners.

Which of the Following Illustrates Concerns About National Sovereignty Overriding