European Common Market Benefits of Term Paper

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While the government may have initial setup costs to bring legislation and services into line with other member states, there are a large variety of benefits in the long-term. These include benefits to the government itself, with increased stability in the economy and overall prosperity. There are also numerous benefits to the individuals within the country, such as the freedom to travel and work within the different countries within the market. There are further benefits to companies as they benefit from increased access to consumers, also benefiting consumers by increasing quality of goods while at the same time lowering prices.

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It does appear from the information available on the common market at present that while there are likely to be benefits to all in joining it is the poorer members who benefit the most. This is largely due to these countries having the most to gain from the benefits which are offered. Elements of prosperity and stability are already largely observed in the richer countries prior to joining the common market, so they are considered to be less of an incentive to join......

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