Which one of the following is not an argument in support of the UK joining the E

Question - Which one of the following is not an argument in support of the UK joining the EMU ?

Options:

A . None of these arguments they are all arguments in support of the UK joining the UMU

B . The characteristics of the UK housing market make UK consumers expenditure very sensitive to changes in interest rates

C . The UK risks exclusion from the Euroland capital market with damaging consequences with damaging

D . The UK needs to be a member of the EMU in order to continue to attract such large share of foreign direct investment in EU countries

Answer: Option B
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