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âthe applicant countries trade mostly with existing membersâ¦â (p.142) so from this we can understand that the enlarged Europe is going to gain more through trade creation than loose by facing trade diversion. Andurton in 1995, suggested that âexisting countries are afraid that their markets will be swamped by cheap imports from these countriesâ¦specially the agriculture and textile markets, where the EU has traditionally imposed high tariff barriers to protect domestic economiesâ...
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Andurton in 1995, suggested that âexisting countries are afraid that their markets will be swamped by cheap imports from these countriesâ¦specially the agriculture and textile markets, where the EU has traditionally imposed high tariff barriers to protect domestic economiesâ. It is not only the cheap imports they should be afraid of it is also the influx of cheap labour from CEECs which can create a disequilibria in the labour market...
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