What are the advantages and disadvantages of the UK being in the EU?

Question

Asking....Thanksss

Answer 1

None advantages i can think of think. Disadvantages too many to list.

Answer 2

None.

Answer 3

Advantages:

1.Transaction costs will be eliminated

2. Price transparency.

3. Uncertainty caused by Exchange rate fluctuations eliminated.

4. Single currency in single market makes sense.

5. Rival to the "Big Two".( America and Japan )

6. Prevent war.

7. Increased Trade and reduced costs to firms.

8. No inflation

Disadvantages:

1. The instability of the system.

2. Over estimation of Trade benefits.

3. Loss of Sovereignty.

Answer 4

There isn't enough space here to give you the disadvantages.

Remember the EU is only set up to benefit FRANCE and her cohorts.

Remember the saying.

Germany makes the rules.

UK obeys the rules.

France ignores them.

Answer 5

absolutely none that i can see so i emigrated to portugal

Answer 6

So you emigrated to a country that is more pro-European than the UK, which has the Euro and lost control of its monetary policy? Nothing worse than a uninformed fascist

The EU is the highest parliament in the UK.  Under the 1972 European Communities act, parliament must pass laws according to European law.  On a day to day basis this means that the UK works closer to Europe.  Under the treaty of Rome (which established the EU), goods, services and people are free to move without taxation or restriction (some borders don't even require a passport!).  This means that the EU trades with each other first rather than the US and China, creating more jobs and keeping more in jobs.  

There are also huge subsidies and grants by the EU, farmers get a lot from the CAP (common agriculture policy), this causes over production of meat which is why meat is so cheap on the market.  It also gives grants such as objective 1 to help high unemployed areas of the country start their own businesses to employ people.

The disadvantages of the EU is that we're not really sure where we stand at the moment with parliamentary sovereignty.  It is also very expensive because we give a lot of money to the new 2007 accession countries to raise themselves from poverty.  There is also growing pressure for us to adopt the Euro (advantage or disadvantage?).  There is also a huge democratic deficit with the EU.  Despite being the highest legislative body in the UK, less than 40% of the population turned out to vote, compared to around 60% in the UK general elections.

Answer 7

i agree with most here. i see no advantages at all. time to leave this corrupt,dictating organisation.