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Identify two benefits of membership of the European Union for Ireland - Junior Cycle Business Studies - Question 1 - 2019

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Question 1

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Identify two benefits of membership of the European Union for Ireland. 1. 2.

Worked Solution & Example Answer:Identify two benefits of membership of the European Union for Ireland - Junior Cycle Business Studies - Question 1 - 2019

Step 1

1. Access to grants

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Answer

Membership in the European Union provides Ireland with access to various grants. These grants are aimed at improving the country's infrastructure as well as supporting its farming and fisheries industries. Through these funds, Ireland can enhance its facilities, promote sustainable development, and bolster its economic growth.

Step 2

2. Free movement of labour/capital/services within EU countries

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Answer

Another significant benefit of EU membership for Ireland is the free movement of labour, capital, and services. This means that EU workers can fill labour shortages in Ireland seamlessly, and Irish workers have the opportunity to work in any EU country without restrictions. This flexibility greatly enhances job opportunities and economic collaboration within the EU.

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