What are the pros and cons of leaving the European Union and why is this important for traders?
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Key advocates for stay
Key advocates for leave
As part of a 500 million-strong economy, Britain has greater influence over international matters.
Britain has proved that it can opt out of EU policies it considers counterintuitive, such as the euro, the Schengen Agreement and enforced migrant quotas.
A union better equips Britain to tackle threats to security, including terrorism and cross-border crime.
Europe provides Britain with billions of pounds’ worth of investment each year.
Membership in the EU gives us the strength to negotiate favourable trade agreements with countries around the world.
Free trade within the EU reduces barriers and enables UK companies – particularly small ones – to grow.
Millions of jobs linked to Britain’s membership would be put at risk.
The average person in Britain saves hundreds each year thanks to lower prices of goods and services facilitated by the EU.
EU membership limits Britain’s international influence, ruling out an independent seat at the World Trade Organisation.
Britain would have more control of its laws and regulations, without risk of having counterintuitive policies forcefully imposed.
Britain’s domestic security would benefit more from greater border control than political union.
Britain contributes billions of pounds in membership fees to the EU every year.
Membership in the EU keeps Britain from fully capitalising on trade with major worldwide economies like Japan, India and the UAE.
The EU subjects Britain to slow and inflexible bureaucracy, making it more prohibitive for smaller, more innovative companies.
Improved global trade agreements and more selective immigration would have a positive effect on the British job market.
The average person in Britain lose hundreds each year owing to policies regarding VAT contributions and agricultural subsidies.