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

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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

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