What are the benefits to Britain, Sweden, and Denmark of staying out of the euro zone? What are the potential costs? Do you think these countries will eventually join the euro zone? Under what circumstances will they join?

Answer 1

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Answer 2

Across all 12 countries, prices are now listed in common currency, the euro, and centuries-old currencies have been retired from circulation. Although the change has been emotionally difficult for many people, the European Union did it for solid economic reasons. The potential cost, the drawback, for some of the single currency is the national authorities have lost control over monetary policy. Yes they will eventually to sell their goods.