W's and L's of groupings

Question 1

3 social advantages

Answer 1

Freedom of movement
Reduces conflict w/ co-operation and collective security
Better working rights + representation

Question 2

3 social disadvantages

Answer 2

Easier illegal immigration
Richer nations have net welfare loss
Undemocratic as favours richest (IMF requires 85% vote while US has 16%)

Question 3

3 economic advantages

Answer 3

Insures weaker parts of economy
Free movement of FOP improves resource allocation
More I, better education and specialisation

Question 4

3 economic disadvantages

Answer 4

Costly (EU will cost £960bn 2014-2020)
Moral hazard and x-inefficiency
Trade wars EU ban of NAFTA beef = £60million NAFTA tarrifs

Question 5

Environmental advantage

Answer 5

Needed for collective environmental efforts (European Climate Change Programme)

Question 6

2 environmental disadvantages

Answer 6

Increases food miles

Shared resources can lead to rapid depletion (UK fishing grounds) due to tragedy of commons