Positives and Negatives of EU (European Union)

Created by: EsmeFoulger4321
Created on: 03-06-16 18:37


	Positives and Negatives of EU (European Union)
	Advantages No tariffs and free trade within Union Creates a sense of unity Stops richer nations such as Germany, France controlling less wealthy nations Common currency reducing currency exchange fluctuation EU opened up job opportunities No conflict between affiliate nations Laws are imposed by European committee and parliament Regional growth funds encourage education of people EU central bank tracks interest rates	Disadvantages meeting regulations/ necessities is difficult for some nations (Iceland - fishing trade) No common language - makes communication harder reduces/limits power and responsibility of a nations (have less control) members are restricted by regulations - outside countries are abe to influence other nations edge of Europe isn't defined - countries such as Morocco want to join Member countries have less say in what is bought/sold within borders difficult to withdraw from EU EU can throw out leaders
	Evaluation Both positives and negatives of grouping nations, especially of the nation in which we live the EU. The EU allows us to trade better and more easily with no tariffs/no trade barriers and free trade however it can also have the opposite effect of making it harder to trade with superpowers outside the EU such as the USA and china due to restrictions and legislations set by the European Committee and Parliament.

Positives and Negatives of EU (European Union)

Advantages

No tariffs and free trade within Union
Creates a sense of unity
Stops richer nations such as Germany, France controlling less wealthy nations
Common currency reducing currency exchange fluctuation
EU opened up job opportunities
No conflict between affiliate nations
Laws are imposed by European committee and parliament
Regional growth funds encourage education of people
EU central bank tracks interest rates

Disadvantages

meeting regulations/ necessities is difficult for some nations (Iceland - fishing trade)
No common language - makes communication harder
reduces/limits power and responsibility of a nations (have less control)
members are restricted by regulations - outside countries are abe to influence other nations
edge of Europe isn't defined - countries such as Morocco want to join
Member countries have less say in what is bought/sold within borders
difficult to withdraw from EU
EU can throw out leaders

Evaluation

Both positives and negatives of grouping nations, especially of the nation in which we live the EU. The EU allows us to trade better and more easily with no tariffs/no trade barriers and free trade however it can also have the opposite effect of making it harder to trade with superpowers outside the EU such as the USA and china due to restrictions and legislations set by the European Committee and Parliament.

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