The country ability to combat the great recession

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Reference no: EM1345443

Great Britain is the 2nd largest economy within the European Union yet does not utilize the Euro, opting instead to retain the pound sterling as its national currency.

How has this decision affected the country's ability to combat the "Great Recession"?
(For example, has the retention of the pound helped or hurt the British economy?)

Reference no: EM1345443

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