Should the UK be part of the EU ?

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Should the UK be part of the EU ?

The European Union, or European Community (EEC) as it was known then, was established in 1957. It was created to look at the economy of some of the countries in Europe after the Second World War had dramatically crippled it. The committee was set up so that it would be easier for the countries to trade without too much trouble. This was called the common market. It was also set up so that there would be a lasting reconciliation between France and Germany (because obviously Germany was the 'enemy'.) Another reason why it was set up was to develop some kind of political union so that there would be less change on a World War Three. So to summarise the European Union is a union which has 27 countries that all try to work together to help trade, tourism, social and environmental issues. It is constantly coming up with new ideas and rulings that make the country members of the EU nice places to live. The 27 countries that are part of the EU are Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.

The benefits of joining the EU There are several benefits for businesses and people:
-Can encourage trade between the member countries
-No commission will be needed on exchanging money
-More competition because there will be an increase in trade and might
make business lower costs and boost the economy of the country.

The costs of joining the EU There are also many disadvantages too:
-Members of the EU has also got to pay an amount each year towards the EU budget. This can be a disadvantage, as it will decrease their
budget for the country, which may result in less money for education and hospitals etc.
-Business may suffer from competition because companies may
trade with other countries.

Join now!

The EU has many aims such as remove all barriers, allowing trade
among the member of the EU. For businesses as part of their aims and
objectives, it is to maximise sales and to improve the quality of a product while being competitive with other rival businesses. Investment also encourages businesses to compete. Economically the EU spreads its wealth evenly. Allowing people, goods services and, also introducing free movement and capital making it possible to exchange and invest in money anywhere in the EU. Because of the Single Market, European businesses are selling to a market where there are over ...

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