George Osborne warns Scotland if they leave UK, they will loose the pound.

George Osborne warns Scotland if they leave UK, they will loose the pound.

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video discusses the potential outcomes of Scotland's independence referendum, focusing on the debate over whether an independent Scotland could retain the UK pound. The UK government strongly opposes a currency union, citing economic risks. Public opinion is divided, with polls showing mixed beliefs about the feasibility of keeping the pound. Economic implications, such as transaction costs and trade deficits, are also explored. The video highlights the political tension and uncertainty surrounding the referendum.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the implications of Scotland keeping the pound as mentioned by the Bank of England governor?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Scots were undecided about their vote in the referendum?

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