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What are some of the advantages of being a part of the EU
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| Submitted: Tue Feb 14 2006
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Discuss the Advantages and Disadvantages of European Monetary Union Advantages of the European Monetary Union? * Membership of the Single Market The single market benefits companies by making it easier & cheaper to do business in other EU countries. No customs tax is charged on goods that are sold or transported between member states. The EU also tries to make each market as similar as possible to ensure fair competition across national borders. * Free Movement of Citizens: European citizens have the freedom to live, work, study, and travel in any other EU country. Since 1995 alone, about 100,000 young Britons have spent time studying in another European country. (Source: www.bized.ac.uk) * More Jobs: It is estimated the 3.5 million British jobs are dependent on Britain's membership of the EU. (Source: UK Jobs Dependent on the EU) * Money for Development: The UK has been allocated a total of 15.5billion of European Structural Funds for 2000 - 2006. Over...
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