organisation competition and environment

what are the davantages and disadvantages of the uk joining the single currency ,the euro

Greetings!

This is a topic which has stirred quite a lot of debate in the UK. Your paper seems to revolve around the competitiveness of organizations, so one important point will be that UK businesses spend over a billion pounds a year buying and selling currency just so they can do business with other EU firms. Both businesses and consumers must try to calculate costs in "foreign" currency, i.e., UK residents must figure how many pounds "x" number of euros is, and people from other EU countries who come to the UK for business or pleasure must convert their euros to pounds. All this calculating discourages, rather than encourages, trade.

There's a bit to get you started. I'd suggest doing an internet search with the salient terms: "advantages disadvantages UK euro" and see what comes up; I think you'll find there's plenty!

Best of luck!

Thanks,

Sarah, EssayForum.com