... join. It is still in recent memory what a disaster the European Exchange Rate Mechanism was for Britain in the early 1990's leaving the UK to try and recover from recession through much of the decade. The fact that nobody can guarantee the success of the Euro leaves some with a feeling of potential déjà vu and that recovery from the failure of the ... Euro will be near impossible. Another argument against entry is the loss of independence resulting from membership. Once in, Britain will have no control over her ... will the trade between European nations leading to far greater pros...

• Word Count: 1513
• Approx Pages: 6
• Grade Level: Undergraduate