Global Business 3rd Edition by Mike Peng

Exercise 17

ON CULTURE: Suppose the people of a given country place a very high value on their economic independence and control over their economic destiny. However, suppose the leaders of that country wish to join the EU and also use the euro instead of their own currency. What objections are they likely to encounter from their citizens? Do you agree with those objections? Why or why not? What would you recommend that the leaders use as a response to their citizens in order to persuade them to join?