European Integration Boosts Trade and Growth for Developing Nations
European economic integration has been beneficial for developing countries by reducing trade barriers and increasing market access. The creation of the European Community has led to lower tariffs and improved growth, which in turn boosts import demand. While not perfect, European integration has generally resulted in fewer trade barriers compared to periods of slow integration. However, external factors like economic conditions and exchange rate fluctuations play a significant role in trade patterns and protectionist pressures. Agriculture is the only sector where European Community membership may have increased protectionism.