Circulation and Single-Currency Unions

R. A. Rayman

Chapter 12 in A Multi-Gear Strategy for Economic Recovery, 2013, pp 131-142 from Palgrave Macmillan

Abstract: Abstract England, Scotland, Wales, and Northern Ireland are all members of the United Kingdom single market. To save transactions costs, they use a single currency imposed without a referendum by William the Conqueror. As a permanent reminder of its French origin, it is called “ster-ling” after the stars on the early Norman coins.1

Keywords: Currency Union; Maastricht Treaty; Single Currency; Northern IRELAND; Lisbon Treaty (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30452-0_12

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DOI: 10.1057/9781137304520_12

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