pros and cons of eu membership Flashcards
1
Q
benefits of EU
A
-free trade: jobs, higher gdp, growth
-increased FDI
-huge market size
-contributions can be quite small as % of GDP
-free movement of labour and capital
2
Q
cons of EU
A
-forced to follow policies
-cost of contribution
-trade benefits could accrue fromFTA, can negotiate with nations outside EU
-high levels of immigration