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QUESTION 1
The UK government and the Eurozone countries have followed different Monetary Policies since the crisis began (2008). Research these policies and identify the principle characteristics of each and the main differences between them. Why are the two of the main economies in the world (UK and EU) following such different policies?
QUESTION 2
Compare the situation of the UK and a member country of the Eurozone ? what are the advantages of having an independent monetary policy for the UK? What are the advantages of having a centralised monetary policy for a Eurozone country? Are there countries in the eurozone which would benefit from having their own monetary policy? Explain.
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