As far as I`m concerned the advantages for the UK as a member in EU are listed as follows:
First of all, single currency in single market makes sense. Next, transaction costs will be eliminated. Last but most important is that as a member in EU will help high unemployed areas of the UK start their own businesses to employ people. While in the other side there are also some disadvantages for the UK as a member in EU. For instance, the instability of the system, over estimation of trade benefits. And growing pressure for the UK to adopt the Euro. There is also a huge democratic deficit with the EU. That is really problem.
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