course britain can manage in the short but overtime we to lose out our handicapped in the european market conversion costs and hedging costs that they are in that market to fife
Of course, Britain can manage in the short run outside the euro, but over time, we stand to lose out: our businesses are handicapped in the European market by conversion costs and hedging costs that their competitors in that market do not face; and inward investors into the European market will prefer to be in the major currency area rather than the smaller one.
course, Britain can manage in the short the but over time, we to lose out: our are handicapped in the European market conversion costs and hedging costs that their in that market do face; and investors into the European will prefer to in the currency area rather than the smaller one.