Costs of being in the EU ( leave ) Flashcards

1
Q

How is structural unemployment a cost of being in the EU

A

international competition may cause the decline for some industries

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2
Q

How are national champions a cost of being in the EU

A

despite the promise of free trade, there is still the danger that national governments may favour their own companies

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3
Q

How are fragmented tax systems a cost of being in the EU

A

although there may be a free trade, conformity of product regulation etc. countries still have different tax systems and therefore there will be differences in competition.

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