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What Are The Pros And Cons Of The Scottish Referendum

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Scottish independence

On the 18th of September 2014, the Scottish referendum for Scottish independence was held. There were two main campaigns running up to the referendum, there was YES Scotland, who were in favour of independence and there was Better Together, who were in favour of keeping the union. On the day of the referendum, approximately 3.6 million Scots voted. The turnout was 85% of the country, which is one of the highest turnouts for any election or referendum in the world. The No vote won by 55% and the Yes vote had 45% of the votes.

There were pros and cons on both sides, but the best route for Scotland was the no vote. Why? One argument is that we don’t which currency Scotland we would use, according to several politicians home and abroad. Politicians and economy experts say that it would be very little chance we would keep the pound or be able to use the Euro. Alex Salmond claimed that we would get to keep the pound no problem, but there would have been very little chance we would have had a currency union between Scotland and the rest of the …show more content…

What would our economy run on? Our country can’t depend on oil, and we certainly wouldn’t be able to stand on our own feet with just oil. We have whisky, tourism, and textiles and banking, though many banks would have left Scotland if we were going independent. This wouldn’t be sufficient for Scotland to run on. Wood Mackenzie, which is a worldwide company which supplies data, analysis and advice in oil, gas, coal, energy and metals, estimated that production and revenue from oil would decline in 2018, but after recent events this has already begun, as a barrel of oil is sitting around 60 pounds, which is very low if you considering the all time high in 2008 when oil was sitting at 150 pounds a

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