| Pros | Cons |
| Free markets – especially good for the service industry who find it easier to access more customers. | To an extent, the EU is undemocratic and unaccountable – the closest a regular citizen can come to affecting policy is by voting for their MEP. |
| EU is a form of wealth distribution – Britain is the third biggest contributor to the EU (2011), it pays more than other countries because it is richer. | Free trade could still be possible without being a member of the EU. The EFTA, EEC or individual treaties could be passed to keep free trade with Europe if countries comply. |
| Britain joined the economic community of the EU in 1973 after learning that trade with the commonwealth was not as lucrative as originally thought | Costs the UK taxpayers a lot of money – “When you take into account additional revenues raised from customs duties, agricultural levies, VAT and… |
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