AO 1 - They are very opposed to the European integration....


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Wesley Murphy Pols 383 1/10/11 Advanced Organizer 1) Lower transaction costs, exchange rate security, and price stability are the immediate effects of implementing the Euro in member countries. As for the citizens, they did not want the Euro because that would mean they would have to dissolve their nations currency that they have used all of their lives. 2) The Treaty of Maastricht has been called a "watershed" moment in European history because the treaty began the formation of the European Union and the introduction of the Euro. 3) Critics of the European Constitution of 2004/2005 say that it was trying to turn Europe into a powerful super state. A majority of these opinions came from people living in the United Kingdom who also do not use the Euro as their national currency.
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Unformatted text preview: They are very opposed to the European integration. When the constitution was first proposed to voters it was very hard for them to understand resulting in negative feelings towards it; that may explain its initial failure. Summary 1) Important facts. o It was mainly the European elites and diplomats who wanted to integrate and introduce a single currency because it would make business such as trade much easier and cheaper to do. A majority of European citizens did not want to use the Euro and abandon their nations currency; they were opposed to European integration. 2) Confusion o How much would the European Union benefit from the European Constitution? o Will the Euro eventually overshadow the U.S. dollar as the world’s currency?...
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This note was uploaded on 01/31/2011 for the course POLS 383-01 taught by Professor Anikaleithner during the Spring '10 term at Cal Poly.

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