Chapter 8 Case Study Read Chapters 7, 8 and the Case Study on pages 263 - 265 of the Global Business book “The German Question in the European Union.” Next, answer the following questions: 1. The Case Study was written in spring of 2015. Research what has happened in Greece since the case study was written. What happened to Greece during the summer of 2015? How is Greece doing economically today? 2. What are the advantages and disadvantages of using a common currency for Greece, Germany, and the EU? 3. In mid-March 2015, the euro dropped in value to a 12-year low against the dollar. It fell to $1.04684, which is the lowest it had been against the dollar since April 2003. What is the value of the euro today? Is it as weak as it was in mid-March 2015? Does a weak euro help or hinder an American tourist visiting Europe? Explain your answer. 4. Germany is one of the strongest economies in the EU currently. How do they benefit from being part of the EU? What are the disadvantages of being part of the EU? Do you think their economy would be stronger if they were not part of the EU? 5. During the summer of 2016, the United Kingdom voted for the Brexit and they left the EU in January of 2020. During 2020, they were in transition period and they finally ended with a trade agreement at the end of the year. Do you think the economy of the UK will be stronger or weaker as a result of leaving the EU? Why? Your responses to each question should be at least one to three paragraphs long and the assignment should be one to two pages. Number your answers and show evidence that you are applying concepts learned in chapters 7 and 8. You can also apply concepts from earlier chapters but make sure chapters 7 and 8 concepts are also applied. Your responses should also show evidence that you have done additional research. Use at least three sources and one of those should be the Global Business textbook. Write your case using business-writing format. The syllabus has more info about this style. Be sure to cite your sources using MLA or APA style. Include in-text citations and a works cited page.