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United Kingdom Should Remain In the European Union

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The United Kingdom Should Remain In the European Union
Economic unions, communities, and regional groupings present major social, political,
and economic benefits for member countries. Of all major world union, the European Union has
successfully managed to survive major political, social, as well as political challenges and
effectively created wealth to its constituent countries. Further, other unions such as the United
States, a union of various American states, and COMESA have shown the significance and
importance of unions in promoting regional development. In light of this, the UK should remain
in the European Union in order to enjoy the various economic, social, and political benefits
present.
Firstly, the European Union provides the UK with a robust and diversified market for its
products. EU is the largest economy in the world, accounting for almost a quarter of the world
GDP. In addition, the region has a high population with approximately 500 million individuals
who have a GDP per head of about 25,000 euros (European Commission a). Primarily, this
population provides a ready market for UK commodities. Moreover, this market has been having
more benefits to the UK than costs. For example, the UK exports about 40% of its products to
the EU (Milmo). Markedly, this is a significant proportion of the country’s total exports.
Consequently, the exit from the EU possesses a risk on the country’s ability to enjoy this
advantage of access to the robust EU market.

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Importantly, the demographic benefit is one of the salient advantages that the UK has
been enjoying by been a member of the EU. In general, the UK has an aging population that is
highly dependent on pension schemes and government social benefits. Evidently, this high
dependency, coupled with low productivity presents a risk on the country’s competitiveness in
manufacturing and service industries (Kaley and Sidhu 117). However, the free movement of
goods, services, and human capital in the EU has continuously enabled the UK to have a stable
supply of young, knowledgeable and energetic labor. Basically, these individuals are usually
from countries near Eastern Europe such as Greece, Turkey, and Belgium. Consequently, this
has led to increased productive capacity of the UK. Moreover, since the immigrants are usually
young, they are productive and use a small proportion of the NHS and pension (UCL).
On the same accord, membership to the EU enables the UK to avoid various trade
barriers that may limit its trade of goods and services to member states. Remarkably, the EU
partnership enables for free movement of goods within the union. In effect, this leads to a faster
and more efficient trade. For example, in order to ensure ease of communication, the EU member
countries fixed the call rates among member countries in 2014 (European Commission b).
However, non-EU member countries still face the trade barriers within the region, and by UK
defecting, it risks facing huge obstacles in making a sizeable trade with EU countries.
Finally, the emergence of regional blocks in the world will put countries acting alone at a
disadvantaged position. In light of this, the UK must ensure that it is safeguarded by been in a
trading block such as the EU (Cameron). Major trading blocks that have been established are the
BRICS, ASEAN, and ECOWAS. Evidently, when a country stands alone its negotiating power is
severely compromised. Consequently, it inevitably has to agree to a compromised position in
most economic and political deals.

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Surname 1 Student Tutor Course Date The United Kingdom Should Remain In the European Union Economic unions, communities, and regional groupings present major social, political, and economic benefits for member countries. Of all major world union, the European Union has successfully managed to survive major political, social, as well as political challenges and effectively created wealth to its constituent countries. Further, other unions such as the United States, a union of various American states, and COMESA have shown the significance and importance of unions in promoting regional development. In light of this, the UK should remain in the European Union in order to enjoy the various economic, social, and political benefits present. Firstly, the European Union provides the UK with a robust and diversified market for its products. EU is the largest economy in the world, accounting for almost a quarter of the world GDP. In addition, the region has a high population with approximately 500 million individuals who have a GDP per head of about 25,000 euros (European Commission a). Primarily, this population provides a ready market for UK commodities. Moreover, this market has been hav ...
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