# Which one of the following is not an argument in support of the UK joining the EMU ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: Which one of the following is not an argument in support of the UK joining the EMU ? Correct Answer: B. The characteristics of the UK housing market make UK consumers expenditure very sensitive to changes in interest rates. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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

Direct Answer & Quick Reference

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

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 **(Correct Answer)**

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

✨ Explain with AI

Verified Key: B. The characteristics of the UK housing market make UK consumers expenditure very sensitive to changes in interest rates
Solved by 3,978+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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