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Advantages Of The European Union

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ABSTRACT

The European Union is a powerful union located primarily in Europe, which have at least 28 member states including: Germany, Poland, United Kingdom, France, Spain, Italy and more. There are many advantages and disadvantages when expanding internationally. The process of acquiring a company within the EU is currently growing rapidly day by day due to the EU being gifted with many resources When we think of expanding a company within the EU there are many thoughts that may come to mind such as how can I benefit by expanding internationally, or what risks and changes will I come across, what am I willing to gain and what am I willing to lose? These questions are worth researching, especially when the main …show more content…

Many sectors within the EU are actually worth investing such as agriculture, automotive, information, communication technology, real estate and more, but who wants to invest in any sector with such an unstable market? Many people may look over the financial issues that has challenged the European Union and that’s because of the many other benefits the EU has to offer. Although, the EU has faced some major financial challenges over the years, it is still one of the strongest economic areas in the world. The EU offers free trade, movement of goods, removal of non-tariff barriers and has helped reduce prices on imports and exports for consumers. With over 500 million people, the EU has 7.3% of the worlds populations’ but considers 23% of nominal global gross domestic product. (http://econ.economicshelp.org/2007/03/benefits-of-european-union.html) If I were to choose the option to expand within the EU it would be because the EU believe in human rights. They have a strong belief in committing to human rights. Discrimination is prevented anywhere in the EU and is not tolerated. Though I reside in North America, many situations such as racism, hatred acts, diversity, culture and religious issues still exist. North America may say none of these are tolerated within the country, but the government has yet to act on such hate crimes that happen continuously. The EU has done just the opposite in their

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