In the last two chapters I tried to prove that the popular argument in favour of joining the Common Market for the sake of paving the way for Western European political unity is utterly unconvincing and is unrealistic. This chapter and the following chapters examine whether it would be worth while for Britain to join the Common Market solely for the sake of economic considerations, in total disregard of political consequences. Before dealing with the disadvantages that are liable to arise from joining, we must examine the claims that joining the EEC would bring major economic advantages to Britain. Fore-most among these claims is the argument that British industry would be bound to benefit by the enlargement of the area into which its goods are admitted free of duty in unlimited quantities.
KeywordsDomestic Market Custom Union Common Market Free Trade Area Unlimited Quantity
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