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What is EU Integration Model: Pros and Cons about?

The document compares the advantages and disadvantages of the European Union integration model. The main advantages include the creation of trade through specialization, the reduction of customs and exchange rate costs, the economies of scale of a large market, and increased competition. The main disadvantages are excessive regional concentration, the development of monopolies and oligopolies, trade diversion, and the partial loss of sovereignty of the member states.

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ScribdTranslations

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EN