GB And The EMU
History has proven to us that the economy of Great Britain is one of the strongest independent economies that the world has ever seen. One main reason for this continuing success is the presence of one single national currency for all of Britain throughout her distinguished history. This accomplishment is one that cannot be matched by any other European state. After all, whereas France had a single national currency for a brief period during the reigns of Pepin and Charlemagne, England has enjoyed a relatively stable single national currency with an unbroken history of over nine hundred years (Davies, 2). Now, as we approach the twenty-first century a new concept and notion of great potential opportunity has been presented to our country and our fellow European states. The call has been made for economic and monetary union for all European states having market economies. This union would create a single currency for all of Europe and link our economies into one common European currency market. The decision to join or not to join this union is one of great importance to our country, our people, and the future and stability of the European economic
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