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Do UK firms benefit overall from membership of EU?
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| Submitted: Fri Jan 30 2004
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Do UK firms benefit overall from membership of EU? Advantages By being part of the UK firms in the UK get a lot of advantages that firms in other countries don't get. An example of one huge advantage would be the lack of barriers that firms have against them. For instance when a conpany wants to sell its goods to another business in a foreign country in the EU they can do so without having to pay duties or tariffs on the products they are selling. Before January 1st 1993 a lot of the barriers that have now been got rid of were there. That meant that firms used to have to pay extra on top of what it cost to transport the costs. Also being part of the EU has given firms in the UK a lot more customers to sell to. Instead of just having constomers in the UK...
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