The Uk And The European Union Essay

1024 Words May 15th, 2016 5 Pages
The UK has been a part of the European Union since 1993, but is it time for the partnership to come to an end? The EU was created on November 1, 1993, and was created to end all of the wars with the neighboring countries. In order to try to end the wars, the EU was formed to be a single market which permits people and goods to freely move within the partnered countries. England has to consider all of the reasons why they should stay in the EU, why they should leave, and it would look like if they followed Norway or Switzerland’s economic system.
UK should stay in the EU because of the trade, Think Tank Open Europe, jobs that may be lost if they leave. All the countries in the EU currently have no tariffs on imports neither exports between any of the other countries in the union. Also, the U.S. has been trying to negotiate the world’s largest free trade area with the EU, which would increase England’s yearly profit. If the negotiation works, according to Bryan Wheeler and Alex Huntt Europe is already suppose to gain 1.6% of their profits by 2030 but that would increase to about 5% more if the U.S. does create a partnership with them.BBC news has said if Europe leaves then they are suppose to have 2.2% of their profit reduced by 2030, and they will possibly cause 3 million jobs to be lost. The jobs that may be lost wouldn’t just effect England because there are several branches for major business across the world, which means all of those branches would be effected. With…

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