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Economics A Level

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Question:

For Existing Members, what are the Disadvantages for Future Enlargement?

Author: go kys



Answer:

-More Competition for Jobs + Labour Markets. Workers from the new Member States can move wherever they want, which can put Downward Pressure on Wages and Job Opportunities in existing Member States -The EU has Funds and Programs which aim to Support Economic development and Convergence among Members. With new, perhaps Poorer nations, there may be Increased Demands for Funds, leading to a Diversion of Resources away from Existing Members / Higher Contributions. -More Competition from newer member states may drive Domestic Firms out of Business


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go kys
go kys