Britain 's Current Terms Of The European Union Essay

1311 Words Mar 18th, 2015 null Page
Britain must stay and improve its current terms in the European Union

There have been noticeable increases in calls for the UK to consider leaving the European Union. It costs Britain thirty-three million pounds a day to be a member of the European Union. At that cost many argue the United Kingdom must renegotiate its current terms. Indeed, our existing membership is valuable as it brings economic benefits; by being a Member State of the European Union, the United Kingdom is part of the world’s largest single market which generates jobs, revenue and allows for easy trade within Europe. We could improve the current terms, but alternatives are possibly worse. It would be a significant error to pull out. The economy would suffer; our overall influence on global matters would also be weakened and reduction in jobs would be likely. Of course, there are problems with the EU that could be improved. For example the UK pays thirteen and a half million pounds a year to help subsidise bullfighting in Spain. But every policy cannot satisfy everyone.
Being part of the EU allows the UK to secure our trade market, benefitting us financially by maximising our wealth and economically producing, consuming and distributing services or goods. One of the key benefits of the European Union is the fact that it is our main trading partner, and membership of the EU has helped reduce both tariff and non-tariff trade barriers. The EU has limitless opportunities. Is this something we should walk…

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