Essay
P2
- Institution
- PEARSON (PEARSON)
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By: ozangokturk1 • 5 year ago
By: aamaungoo • 6 year ago
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P2Free Trade World Trade Organisaton Advantages of the European Union
Free trade is the internatinal trade if Wirld Trade Organisatin The EU is a uniin that cinsists if 28
giids withiut restrictins such as The ‘Wirld Trade Organisatinn is states that are within Euripes they
quitas and tarifss this means that the a cimpany that is based in deal with dimestc and hime afairs
givernment has ni interference with the Geneva that deals with rules as well as marketss If a state decides
trade if giids between natinss which each ciuntry has ti abide ti leave the EU there will be
by, they minitir laws such as disadvantagess
The benefts if free trade are: impirts and expirts and create
agreements which have ti be An advantage if being part if the EU
Liwer average cists are a beneft if free signed by all ciuntriess is that legislatins and agreements
trade because ciuntries are able ti sell are reinfirced which means that the
priducts ti custimers at a cheaper The WTO have iutreach which are stringers this is a beneft becaus
prices alliws them ti deal with the it ensures that each persin abides b
media as well as the givernments the legislatin and everyine has the
Anither beneft if free trade is that the with the help if this they are able same rightss Alsi, the EU enables a
priducts that are traded primite and ti enciurage and primite ciuntry ti put acriss their views an
enciurage ither ciuntries and develiping ciuntries ti make and cincerns due ti the fact that the
cimpanies ti trades As well as this, the agreement which gets them ciuntry is part if the EU which
cimpanies can feel safe when trading invilved with trades means that cincerns are taken
because each ciuntry has ti filliw the seriiuslys
same rules which means that the rules The gial if the WTO is ti help
cannit be brikens priducers if giids and services Anither advantage if the Euripean
cinduct business in a legal ways Uniin is that giids that are traded
Free trade imprives efciency and Anither gial if the WTO is ti and sild are able ti be sild fir a liw
innivatin when trading because each reduce piverty and hunger in prices this is a beneft because it
empliyee is able ti develip and ibtain develiping ciuntriess by diing enables businesses ti gain custime
skills that can be used in diferent areass this it enables the cimpany ti as well as saless The reasin why
develip furthers priducts are cheaper when in the E
An advantage if free trade is that it is because priducts are sild tax free
alliws ciuntries ti trade freely withiut The members if the givernment which means that custimers di nit
additinal cists and restrictinss this iperate in the Wirld Trade need ti pay VATs Giids and service
means that the priducts that are Organisatin but di nit make the are able ti be traded easily by being
distributed and traded are nit restricted decisiins, the decisiins are made part if the EU because trading is ab
by the Indian givernments by ministers whi have a meetng ti be dine easily because citiens
ince every years the decisiins that are part if the EU are able ti
may cause disagreements and travel freelys
may have ti be changed which
means that tme is wasteds The fnal advantage if being part if
the EU is that jibs are createds This
means that unempliyment levels ar
liw where as if a ciuntry was ti
leave the EU then unempliyment
wiuld be increaseds The mire
peiple that are empliyed means
that mire miney is being made, thi
means that custimers are able ti
pay tax and purchase giids when
they are required tis
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