The European Union purpose is to eliminate barriers for the movement of materials, labor and goods on the continent. This has its advantages and disadvantages for the member state. Some claim there are more advantages than disadvantages, according to the Academic Study in the UK EU has created a more peaceful and stable way of market. The EU was created after the second world war, the plan was to work with economically independent countries thus avoid conflict. The common currency is the euro, this union has developed into a huge market. This organization isn’t just an economic union, it has become so much more, from environmental needs to development aid.
Disadvantages of EU membership would be that there are countries not able to be involved because some of the laws made by the EU are not acceptable by all countries. Member nations cannot make laws to change this either because EU has made laws on that as well. What this means is that because of laws made by the EU many countries can not participate. Another disadvantage would be that financially there has been several difficulties. Some states within member nations might need help from surrounding states to afford this.
Often other member nations have to pool together which requires more tax dollars. The issue of financials also connects to the issue of cost, the EU costs more than it gives back. According to the Bruges an anti-European group say that the cost per head of the EU membership is 873 euros, however the Foreign and
Commonwealth office claim that the cost is only 300 euros per head. Thats obviously a pretty large difference.
Revenues come from treasuries of member states, further research into this showed that revenue is divided into four categories; GNI based, VAT based, Traditional and other. 65% of revenue is GNI based. All of the money is in euros which could also be seen as a disadvantage because although the EU has made