A British exit from the European Union may be on the horizon, however it will be a very difficult choice for Prime Minister David Cameron. A British exit has it’s pros and cons and if Britain 's choses to stay or leave the European Union will have the country divided, it seems as if staying in the European Union would be the smarter choice for many reasons. Staying in the European Union may have some financial benefits, but the overall freedom and happiness of the the British population will definitely not be very pleased if Britain is to stay as a member in the European Union. David Cameron stated that “ Over the longer term, the institutions and powers of the [Union] will continue to expand and certain policymaking powers heretofore vested
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A reason why this benefits trades is because “there could be truly free trade of goods and services across the borders of the member states.”(Doc 3) This is a positive for all member states but for Britain especially. Considering that Britain is not a landlocked country exporting and importing goods would be very expensive because those goods would have to be shipped overseas which doesn’t come at a cheap price. The fact that trade between the member states is free benefits Britain probably the most because they save a lot of money when exporting goods and that money can be put to areas that are in need of some financial help in Britain. Another reason why Britain should stay in the European Union is because “experts are waring of all kinds of economic risks of an EU exit from foreign investment to trade ties.”(Doc 2) If Britain is to exit and these risks do end up affecting Britain the county financially and considering that Britain is already in debt it doesn 't seem as if an EU exit would be the smartest choice for them. Nilan Peiris who is the Vice president of Transferwise which is a company that moves $750 million a month would not like to see Britain exit the European Union. For Transferwise to be located in many countries but most importantly Britain has many benefits mostly because while being located in Britain they also have access to the member states of the European Union. Having this access makes moving money very easy and cheap because member states in the European Union have free trade. Nilan Peiris said that “leaving the Eu would be a bit of a crazy idea in my opinion. We would have to seriously review our position in the U.K. and whether it made sense for us and our customers.”(Doc 2) In this statement it shows how companies would rather have Britain in the EU and of they were to leave the EU a lot of these companies
A reason why this benefits trades is because “there could be truly free trade of goods and services across the borders of the member states.”(Doc 3) This is a positive for all member states but for Britain especially. Considering that Britain is not a landlocked country exporting and importing goods would be very expensive because those goods would have to be shipped overseas which doesn’t come at a cheap price. The fact that trade between the member states is free benefits Britain probably the most because they save a lot of money when exporting goods and that money can be put to areas that are in need of some financial help in Britain. Another reason why Britain should stay in the European Union is because “experts are waring of all kinds of economic risks of an EU exit from foreign investment to trade ties.”(Doc 2) If Britain is to exit and these risks do end up affecting Britain the county financially and considering that Britain is already in debt it doesn 't seem as if an EU exit would be the smartest choice for them. Nilan Peiris who is the Vice president of Transferwise which is a company that moves $750 million a month would not like to see Britain exit the European Union. For Transferwise to be located in many countries but most importantly Britain has many benefits mostly because while being located in Britain they also have access to the member states of the European Union. Having this access makes moving money very easy and cheap because member states in the European Union have free trade. Nilan Peiris said that “leaving the Eu would be a bit of a crazy idea in my opinion. We would have to seriously review our position in the U.K. and whether it made sense for us and our customers.”(Doc 2) In this statement it shows how companies would rather have Britain in the EU and of they were to leave the EU a lot of these companies