Benefits of EU Membership

Economic benefits of EU membership

Member State economies benefit from EU membership. This is mostly due to the Single Market and economic integration that leads to higher competition, efficiency and intra-EU trade volumes. Similarly, the EU allows countries to have a better relative position when it comes to international trade. Member States currently have access to global markets thanks to the trade agreements negotiated at the EU level. These factors have positive effects on employment, growth and knowledge diffusion. operating budgetary balances calculations fully disregard these effects.