M3A2 Debate Remain in EU.docx

M3A2 Debate Remain in EU.docx - 1 Running Head REGIONAL...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Running Head: REGIONAL ECONOMIC INTEGRATION DEBATE Regional Economic Integration Debate Laurie Cugino BUS 502: Global Business Environment Dr. Orlando Rivero, Instructor Excelsior College July 16, 2017
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 REGIONAL ECONOMIC INTEGRATION DEBATE Why Britain should have stayed in the EU 1. Economically, Britain would benefit greatly from tariff-free imports and exports with countries within the EU. Membership in the EU would grant Britain the power to influence the legal and regulatory regimes established within the European Union, rather than merely adjust themselves to any changes in those regimes to continue trading (Gilmartin, 2017, pg 36). 2. The EU passport allows financial services firms to operate across the member states on the basis of their home state authorization, without needing to be separately authorized in each EU state (Currie, O'Brien, & Yonge, 2017). Over 8,000 EU firms outside the UK use the passport to provide services into the UK. 3. UK has traditionally been seen as leading the way in implementation of EU regulation, and the example set by the Financial Conduct Authority serves as a sound foundation for other member states’ adoption of EU law (Currie, O'Brien, & Yonge, 2017). Brexit of the UK would significantly impact the balance of EU regulation. Response to Joseph's Pro-Exit Arguments Joseph: Politically speaking, the EU is regressive in nature. The EU in theory is a way to centrally represent all of its members of various countries; however, a large majority of the British population view the EU as undemocratic and reminiscent of an antiquated roman empire, (King, 2015). Laurie: Many now see the European Union as an emerging economic and political superpower of the same order as the United States (Hill, 2015). The EU is made up of a governing body including the European Commission, the Council of the European Union, the European Parliament, and the Court of Justice (European
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern