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Economics: Difference between revisions

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<big>'''Welcome to {{SITENAME}}'''</big><br />
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<br />The Global, Virtual/Digital, Open, Free, {potentially Degree- and Credit-Granting},
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Harvard Professor of Economics' 2010 Freshman Seminar:
Here are the books we are reading this year (in this order):
 
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===Select Questions, Inquiries, Problems===
 
If you were Scotland and heading for independence with a vote in the British Isles in 2014 or beyond, which currency would you choose for Scotland's long term prosperity, - institutional-wise, especially (e.g. exchange rate mechanism)?
 
a. British pounds sterling (the keeping of which, against the Euro, has probably benefitted the U.K. in all those little currency exchange costs, for one)?
 
b. Euros and the benefits of one currency for trading in Europe, and lessen reliance on the English pound?
 
c. A Scottish currency of its own, and benefit from all those little currency exchange costs, but without the benefits of one currency for trading in Europe
 
d. other
 
()
 
 
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