Should Britain leave the European Union?

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AS Economics                Ed Mathews                

Miss Simmonds

Should Britain leave the European Union?

        In 1973 Britain joined the EU meaning that they are protected from imports from abroad. For example if a firm in America wanted to import a product into the UK then they would have to pay a sum of money or a tariff. In the EU there is a rule that means that all members can trade freely with one another inside Europe without having to pay tax or any money for the import or export of their goods.

        But before 1973 Britain’s industries were very poor and there was no reason why the government should do anything about it. Competition was low and this is why they did not. Britain originally joined the EU for economic reasons mainly to gain the advantage of having a free trade area.

As soon as Britain did join they faced a big threat. The quality and output of goods in Britain was poor even though they provided for the rest of Europe, this meant that the firms making could fall behind and run out of business if they did not improve. Not only could Britain’s products now improve they were now under protection from abroad.

Join now!

        One other advantage that the EU offered for Britain was the free movement of workers in Europe. If someone from France wanted to work in Britain they could but if Britain had not been in the EU then they would not have been able to. The real advantage of moving workers freely from one country to another is that these workers will be highly skilled. For example, Belgium is renowned for its ability to make quality chocolates but British chocolate is not to the same standard. Britain is generally better at making cars than Belgium. It would be a disadvantage ...

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