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Europe and the Uk

Essay by   •  February 1, 2016  •  Dissertation  •  615 Words (3 Pages)  •  742 Views

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EUROPE AND THE UK

         

“Britain does not dream of some cosy, isolated existence on the fringes of European Community, ” asserted Margaret Thatcher in 1988.

Now this statement seems to be out-dated if we believed the opinion polls about a Brixit. But will Britain reap benefits of an exit?

        First it’s abundantly clear that Britain will save money by leaving Europe.

Indeed should it leave Europe, Britain will save $13 billion a year. Besides its agriculture will be free of all European duties so the price of food will decrease.

Then the threat of financial regulations on the City will vanish, thus the financial markets will be lulled.

        But all these perks don’t offset the disadvantaged of an exit.

Britain’s carmakers will suffer from an exit: they will be shifted away and will lose the benefits of the financial-services industry.

Moreover Britain will have to renegotiate trade deals, all the more, it will be weaker, as it doesn’t longer take advantage of its position as member of the EU.

Then the UE is the first partner of Britain: half of Britain’s exports are in EU, thus should Britain leave the UE, it will lose the perks of the European market’s access. The results will be a drop in its exportations.

        To sum up, there is no point in leaving the EU for Britain, because it will be damaged.

The British government should therefore teach the British people the consequence of an exit, because they could bark up the wrong tree by leaving the EU.

A solution could be an arrangement like Norway’s or Switzerland that is to say to make a specific statute for the UK.

(272 mots)

“Britain does not dream of some cosy, isolated existence on the fringes of European Community, ” asserted Margaret Thatcher in 1988.

This statement stays in contrast to the views express in opinion polls on a British exit.  The question is raised: whether Britain will benefit from a European Union exit

 

        First it’s abundantly clear that Britain will save money by leaving Europe.

Should Britain leave the Europe Union, it will save £13 billion a year, its agriculture sector will benefit being free of all European duties, which will mean a decrease in food prises.  

Then an exit will goes hand in hand easing of a threat of financial regulation on the City. Thus the financial markets will be lulled.

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