Which of the following underlies the decision by Great Britain,Denmark,and Sweden to stay out of the euro zone?
A)The dollar peg advocated by some EU members.
B)The implied loss of national sovereignty to the ECB.
C)The volatility of the euro over the past few years.
D)The reluctance to compete directly against the U.S.dollar.

Question

Quizplus · Accepted Answer

The implied loss of national sovereignty to the ECB underlies the decision by Great Britain,Denmark,and Sweden to stay out of the euro zone for now.

Which of the Following Underlies the Decision by Great Britain,Denmark,and