Respuesta :
When it comes to a cost-benefit analysis of being in the European Union, the Benefits outweigh the disadvantages.
Advantages of being in the EU
- Access to larger markets.
- Free movement of people, goods and services means a growth in GDP as more production occurs.
- Stimulus funds provided for national investment.
- Cheaper prices of goods and services.
Disadvantages of being in the EU
- Overcrowding might be seen in some countries due to free movement.
- Monetary contribution to EU can be high.
- Less sovereignty for member nations.
- Single currency monetary problems.
These disadvantages do indeed seem bad, but can be covered by the benefits. The monetary contribution for instance can be covered by the economic growth a country records. Less sovereignty is covered by the democratic nature of the EU leadership.
In conclusion, benefits outweigh costs.
Find out more on the European Union at https://brainly.com/question/13929900.