Thursday, 28 October 2010

the advantages of uk joy EU

First and formost, it can increase the possibility of specialized production. The EU provides a market including 3.4 billion population which is greater than the American market. Thus, it can achieve a big economic scale, especially high requirement of the initial research costs in complex products, such as computer, drugs, nuclear reactorand modern weapons. This kind of economy makes EU enterprises more effective with competition in the international business trade. In addition, the high-level efficiency is based on the intensive competition. There is no protection to invalid company in European Union. The free trade means goods and services competing in any part of the market, and production factors that can move to a more effective local utilization   not only in one country, but between countries. The result is that, 57% of British exports into the European Union and its imports from the European Union by value calculation. On the other hand, protective tax which can reduce external market competition is admitted.

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