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
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© 2013 Robert Anthony Rayman
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Rayman, R.A. (2013). Circulation and Single-Currency Unions. In: A Multi-Gear Strategy for Economic Recovery. Palgrave Macmillan, London. https://doi.org/10.1057/9781137304520_12
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DOI: https://doi.org/10.1057/9781137304520_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-45371-9
Online ISBN: 978-1-137-30452-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)