European Union Dbq

The European Union is a group of European countries who combined together as allies after WWII for trade and peace reasons. It was established so countries in Europe would not create conflicts with each other to prevent the disaster of the two World Wars. They also signed trade deals to secure the countries in the EU would be financially stable and not go into depression and poverty like most countries did in WWII. Each country in the EU has to provide the EU with money to operate. In return, not only will they see trade with European countries, but the EU budgets will help redevelopment and regeneration of poor areas, seen in

The European Union (EU) is a unique economic and political partnership between 28 different countries. It consists of about half a billion citizens, and its combined economy represents about 20 percent of the world’s total economy (Briney, 2015). Today The European Union works as a single market, with free movement of people, goods and services from one country to another. There is a standard system of laws to be followed, and since 1999 many countries share a single currency called the Euro (Europa.eu, 2015). This essay will explore the background history of the European Union and the benefits and drawbacks of the European Union.

This isn’t to say that only the UK had something to gain from being a member. As of 2016, around half of the United Kingdom’s exports go to the European Union; that is to say that both the UK’s and the EU’s economies were benefitting from the UK’s membership and business with the European Union’s single market. The EU’s single market, one market for all EU countries, gained much from the UK’s contribution and is sure to take a hit when the United Kingdom

The economic advantages that participating member states enjoy over non-participating members are low inflation (due to its stability), more price transparency (consumers can compare prices more easily), less currency exchange costs, a more powerful global voice, protection from external economic shocks (ex. an unexpected rise in oil prices), easier travelling within the European Union, and more international trade (the low currency value increases the competitiveness of these countries' exports and this currency has a higher total stability).

The European Union, EU, is a union that consists of 28 member states within the European continent. Being part of the EU allows member states/countries to enjoy more market opportunities by dealing with the same currency from an economical perspective. Member states deal with the Euro currency. This promotes free trade between member states which is beneficial for their boundary-less organizations. Businesses or the people within the EU can export their goods and services within member states increasing their market or imports when they face the problem of scarce resources. Hence, member countries of the EU benefit from increased market opportunity. Free trade, free commerce, no taxes, and free travel between its member countries; thus it creates a sense of nationalism. “Neo-functionalism is an

Europe is a powerhouse of Western culture and science. It possesses an economy with an annual Gross Domestic Product of over sixteen trillion dollars.1 Europe’s global economic connections are worth billions to developing countries and even the United States of America.2 Regrettably for the global economy, the European Union may collapse very soon, the cost of allowing incompetent politicians to run an economy on bad policy.3 A fiscal union is necessary to prevent the destruction of the Eurozone.

Starting with the strengths of the core arguments of David Marsh’s book, there is the fact that EU state member’s economies have different environments and don't make progress at the same rate. Culture, education, and politics are influential factors. Being members of the EU means not only to enjoy the benefits but also to share the effort of bailing out economically weaker countries. This

The European Union as we know it is an economic union of countries which make their own policies concerning economies, societies, and law. Created in 1993, the European Union now contains 28 countries in total, and is now the biggest economic union in the world by GDP. For big countries, the creation of EU was the removal of many trade and non-tariff barriers. Trade has increased approximately 30% since 1992. For smaller countries, it was a stepping stones for economic growth and negotiation power with larger nations. Since before the creation of EU in 1993, Europe were already the world largest trading regions, but the trading were complicated by

With the inclusion of theses countries in the EU the average wage went up and the living conditions have improved. They now are able to afford all the commodities that the rest of Europe has been enjoying for years.

The one the benefits, which the UK will receive from membership, are that it will be tax-free trading among the members. Free trade with other members at no additional taxation helps keep or lower prices of goods, services and food in these countries. In other words, it means that products which made in different parts of the union will cost the same amount in different its parts as firms will not pay to importing or exporting taxes. So demand for UK’s and EU’s goods and services will increase, as they will be cheaper. This means that consumer’s purchasing power will increase because they will be able to buy more things. The increase in demand will lead to increase in supply. In this case, producers will produce more and their productivity will be higher.

The other side of the EU financial coin presents a global outlook on the percentage growth. The EU would benefit from the enlargement by promoting investment, trade, comparative advantage based production focus and competitiveness (Grabbe, 2001). So even if individual MS do not benefit directly from the enlargement the overwhelming fact remains that the EU as a whole will see an added rise in GDP around 1-2 %( Nugent 2004: 5). The candidate states have even more to gain then the EU-15 through membership; with the Commission estimated the added rise in CEECs GDP to be around 1.3% to 2.1% in the initial years alone (European Commission, 2001). And it is not just the percentage growth that supports the economic side of the Enlargement. With the development of the CEECs infrastructure and trade their ability to consume more products rises and in return creates a demand growth that benefits the countries that produce the most (Nugent: 2004). In the long run the EU-15 would see an added rise in overall GDP following the development of the CEECs which is facilitated and empowered by their membership in the EU.

Another beneficial cause for a nation to become the member of EU is the ability of multinational union to fight against global issues. Nowadays world society meets thousands of different global problems that need to be overcome and there are no countries that are able to deal with these issues by themselves. The official site of the European Union - Europa (n.d f) affirms that EU has some of the highest environmental standards as

People have created unions many times but not all of them were successful, specifically when we consider alliances among number of countries with different economics, political systems and culture. For instance, last century brought both the biggest collapse and the most promising union in the modern history. Although U.S.S.R has disappeared from geographical maps, some of its members joined another alliance. The European Union (EU) is an economic and political partnership that united 28 countries on the European part of Eurasia and represents a unique form of cooperation among members today.

According to the Europa.eu (1), The European Union is one of strongest economic areas in the world. There is an estimated five hundred million people. Europe also make up of seven point three percent of the world 's population,

EU does is about bringing people in Europe closer together. It tries to make it easier for Europeans to buy and sell things to each other. This is done by changing the rules that control trade. The Union is founded on the values of respect for human dignity, liberty, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities. Moreover, the societies of the Member States are characterised by pluralism, non-discrimination, tolerance, justice, solidarity and equality between women and men. These values play an important role, especially in two specific cases.