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Britain is said to have "missed the boat" when considering European Affairs in 1970. To what extent is this the case?
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Britain is said to have "missed the boat" when considering European Affairs in 1970. To what extent is this the case? Britain can definitely be said to have "missed the boat" in European affairs because when it eventually did join the EC the situation was far from perfect. There was a mounting oil crisis, which had increased the price of oil by 400%, producing a recession and slowing down economic growth. Britain thought that by joining they would share in the economic growth they had seen in the 1960s, only to find in the 1970s that growth had slumped. Without the economic growth the less attractive aspects of EC membership, such as The Common Agricultural Policy (CAP), began to rear their head and arguments in favour of British membership was harder to withhold. Britain found that if joined straight away it would be one of the leading powers of the EC...
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