Which One of the Following Is Not an Argument in Support

question 37

Multiple Choice

Which one of the following is not an argument in support of the UK joining the EMU?

• A)None of these arguments - they are all arguments in support of the UK joining the EMU.
• B)The characteristics of the UK housing market make UK consumers' expenditure very sensitive to changes in interest rates.
• C)The UK risks exclusion from the Euroland capital market with damaging consequences for the City of London.
• D)The UK needs to be a member of the EMU in order to continue to attract such a large share of foreign direct investment in EU countries.
• E)The UK would benefit from increased trade with the eurozone countries, boosting GDP.

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