Exchange Rate Systems. Post an initial response to the following prompt(s). If appropriate, include personal experience in your response. The United Kingdom decided not to join other European Union countries in using the euro as its currency. One opponent of adopting the euro argued, “It comes down to economics. We just don’t believe that it’s possible to manage the entire economy of Europe with just one interest rate policy.
How do you alleviate recession in Germany and curb inflation in Ireland?” What interest rate policy would be used to alleviate recession in Germany? What interest rate policy would be used to curb inflation in Ireland? What does adopting the euro have to do with interest rate policy? How do you alleviate recession in Germany and curb inflation in Ireland?
The quotes should be complete sentences (no more, less) and should be incorporate-d in your essay to illustrate your ideas. Please, cite your sources in a clickable reference list at the end. Also, do not copy without providing proper attribution (quotation marks and in-line citations). Also, write an essay format, not in bullet form, numbering, or another list format. It would be best if you use your own words. Lastly, proofread your work and run it through Grammarly for thorough confirmation.