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In the summer of 2016, the British elected to leave the European Union. Although the UK never adopted the euro, this result does have ramifications
In the summer of 2016, the British elected to leave the European Union. Although the UK never adopted the euro, this result does have ramifications across the globe. Assume another small country decides to leave the European Union and in this case abandons the euro. If one country were to do that why could this result in a lower value of the euro even if this country contributes a small amount the total euro-zone production.
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