Benefits of being in the EU ( remain )

Question 1

how are economies of scale a benefit of being in the EU

Answer 1

the size of the customer market is larger than a national market and firms gain from economies of scale, reducing costs and increasing efficiency.

Question 2

How is competition a benefit of being in the EU

Answer 2

firms are competing internationally, which lower prices and increase innovation

Question 3

how is reducing export bureaucracy a benefit of being in the EU

Answer 3

it will be quicker and less costly to sell goods abroad

Question 4

How is greater flexibility of labour markets a benefit of being in the EU

Answer 4

countries more easily fill skill gaps and labour costs should fall.