Global Business 4th Edition by Mike Peng

Exercise 3

Refer to PengAtlas Map 2.4 (European Union) and note those EU members that use the euro. Note also PengAtlas Map 3.4 (Top 10 and Bottom 10 Co untries by GDP) and compare it to Map 2.4. Which country that is part of the top 10 in GDP and is also part of the EU does not use the euro What are the pros and cons of it having its own currency In your opinion, if it were to adopt the euro, which would gain more- that country or those countries that currently use the euro