groupings of nations

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  • Created by: elizabeth
  • Created on: 11-06-14 18:38

groupings of nations

Advantages

  • greater peace and understanding- eu follwing ww2- eu was set upin 1967 with 6 nations
  • strict trade barriers are reduced therefore economy improves so does living standards
  • a greater overall democratic function
  • sectors of the economy can be supported (e.g. agriculture- common agriculture policy)
  • remote regions within countries receive support- e.g. roads built in Mayo
  • developing a common currency to prevent currency fluctuations and to simplyfy transactions
  • people seeking work can move freely
  • small countries have a bigger representation in world affairs

Disadvantages

  • loss of sovreignity- 70% UK laws are made in brussels
  • some loss of financial controls as it is done in the european bank
  • pressure to adopt central legislation for example the european court of human rights
  • certain economic sectors are damaged by having to share resources (UK share fishing with france)
  • elites in the system can hold disproportionate amount of power (USA in NAFTA)
  • smaller regions within countries demand a greater voice which has led to separatist movements (Scotland)
  • in the case with NAFTA mexico suffers from pollution as it has less stringent pollution laws- mexico city- most polluted city on the planet

Evaluation

groupings of countries have both advantages and disadvantages, the main advantage of them is the reduced amount of conflict between them for example the setting up of the EU did much to settle peace within countries following the end of world war 2. Countries have also benefited from joining the EU Ireland and West Italy imparticular have had new infrastructure built this has led to ireland becoming a strong economy- celtic tiger. however there have been movements in the UK that have gone against the UKs involvement in the UK as parliament has faced issues with passing legislation however the movement of jobs and trade has significantly helped the UK.

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