Thursday, 14 March 2013

Advantages and Disadvantages of the European Union




The EU (European Union) is a political and economic partnership between 27 countries. The union was created after the 2nd world war in November 1993. And the initial states who decided to join together to improve their economic situation were Belgium, Germany, France, Italy, Luxembourg and the Netherlands. After that with the passage of time many countries joined the EU and still go on.



Advantages:

The main advantage is that EU members can travel and work anywhere in EU. The second main advantage which helps a lot the EU that is Free trade zone, any country has completed access to others market in EU. Some people used to call it general advantage because it expands the size of market which brings a growth in the financial sector.

The EU member countries help the other poor countries which are the part of EU; they make good economic development in poor countries like Portugal. Eastern European countries such as Poland, Czech Republic and Hungary have also seen strong growth in real GDP.




 Disadvantages:

 There are no checks are carried out at the borders of these countries which is a big security risk, the boarders are free for all the members, they can travel anywhere and anytime.



 There are some democracies issues due to bureaucracy, nowadays there is a lot of disagreement between member’s countries because some countries like to do some things which other countries do not want to do. Every country has different point of view, Disagreement is the main disadvantage of being a member of EU.
References:

http://www.economicshelp.org/europe/disadvantage.eu.html http://europa.eu/about-eu/basic-information/index-en.html
http://uk.answers.yahoo.com/question/index?qid=201003230056340AaQzt

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