On January 1 2001, the exchange rates of the participating countries were irreversibly set. Member states implemented a common monetary policy and the euro was introduced as legal currency. Eligibility for participation in the single currency depended on satisfying a number of criteria set out in the Treaty of Maastricht. Along with Denmark and Sweden, both also members of the European Union, the UK has decided to withhold its involvement in the single currency. For a country to take part in the single currency, it had to satisfy a series of criteria laid out by the Treaty of Maastricht.
Good conclusions usually refer back to the question or title and address it directly - for example by using key words from the title.
How well do you think these conclusions address the title or question? Answering these questions should help you find out.
Do they use key words from the title or question?
Do they answer the question directly?
Can you work out the question or title just by reading the conclusion?
"The conclusion that can be brought forth from such evidence is that FDI has both negative and positive advantages in the form of increased employment levels, freer financial market flows, stimulation of local economies and overcoming impediments to trade, equalising a larger economical benefit reaped from FDI, whereas the disadvantages include loss of national sovereignty, the 'race to the bottom, political instability and impacts of Greenfield investment upon the local environment. It is evident, however, that the advantages of FDI far outweigh the limitations that are presented, through the increase in wealth, the spurring of economical development and increased activity in developing nations, essentially, benefiting the globalised financial and business environment.
Athukorala, P. C., (2003) Foreign Direct Investment in Crisis and Recovery: Lessons from the 1997 - 1998 Asian Crisis, Australian Economic History Review, June 2003, Vol.41, No.2, pp.197-213
Asiedu, E., and Esfahani, H.S., (2001) Ownership Structure in Foreign Direct Investment Projects, The Review of Economics and Statistics, Nov 2001, Vol.83, No.3, pp.647-662
AtKearney (2004) Current News Release: China and India Jockey for the Top most Attractive Foreign Direct Investment Destination [Online] Available at:"
"I have come to the conclusion that the NPV method is a better method of appraising investment opportunities than the IRR method.
Reason being, although IRR has similar attributes to NPV, it has yet too many problems that could lead to a wrong decision being made, such as ignoring the real world and having multiple IRR's in a situation.
Also, when coming to choose between two projects, the NPV method would be better and more reliable discriminator than to use IRR.
So in my opinion, I think that the NPV is the best method and therefore it should be the only method used in the investment appraisal.
Assignment by: Chi-Man Lam
Student ID No.: 02040652
Course Pathway: CATF2"
"It seems there were notable adverse consequences of excessive overseas investment. However, there is opposition to this view in that keeping investment domestic would have ineffective; for example, McCloskey quoted famously that "by keeping savings at home, the British people could have had two Forth bridges, two bakerloo lines, two London housing stocks, two Port Sunlights". In addition British investment in overseas capital lowered the price of foreign foodstuffs and raw materials. This improved Britain's terms of trade by approximately 0.1% per annum. In conclusion it is difficult to state whether the overall macroeconomic and structural effect of overseas investment over the period 1870-191 was positive or negative."
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