This also eliminates the need to worry about currency values, as with one currency being worth more than another. In contrast, some are firmly against the Euro, due to its power to decrease national identity and fears related to runaway recession, meaning that by adopting the Euro, such as in Great Britain, the "boom-bust cycle of 2008" might have been made worse (Elliott, Internet), not to mention increasing economic competition. Also, when comparing the Euro to other national paper currencies, the Euro is rather generic in appearance and does not equate with any type of nationalism. Overall, it would be difficult to envision the English pound (and the Canadian dollar) with the image of Queen Elizabeth II being replaced with redundant, generic images of Europe and without any indication of national origin or phrases of national identity in a country's native language.
SOURCES
Elliott, Larry. "Should Britain Join the Euro?" Guardian.co.uk. Internet.
http://www.guardian.co.uk/business/2009/oct/26/should-britain-join-euro.
"Introduction." European Central Bank. Internet. 2009. http://www.ecb.int/euro/intro / html/index.en.html.
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CH. 9: Russian Domain:
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