None of these countries have voting rights or veto power. They get access to free trade, but it's on the EU's terms.
As for the EUR, it's better than 95% of the currencies it replaced. It still sucks because it's fiat of course.
None of these countries have voting rights or veto power. They get access to free trade, but it's on the EU's terms.
As for the EUR, it's better than 95% of the currencies it replaced. It still sucks because it's fiat of course.
I do agree that free trade and political union are two different things. As is freedom of movement. There are potential benefits when you combine them, but also trade-offs.
I don't think we'll ever have all three between the EU and US. Probably never even free trade (compared to how free domestic trade is).