Britain Within the European Community: The Way ForwardA. M. El-Agraa |
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achieved adjustment agreement agricultural analysis areas balance of payments basis benefits Britain British cent changes chapter COMECON Commission Common Agricultural Policy common market Common Transport Policy Community's competition policy consumption contribution cost customs union defence Denmark domestic EC Budget EC countries EC regional policy economic integration ECSC effects El-Agraa employment energy ERDF estimates European Communities exchange rate expenditure exports factor favour framework France free trade gains Germany growth harmonisation hence home country imports income increase industrial policy industrial production infrastructure instruments interest investment Italy labour manufactures marginal measures member countries membership monetary policy movement North Sea oil objectives operation organisation output particular political problems programme regional policy sector share social policy structure subsidies substantial TABLE target tariff trade creation trade diversion trade flows transport policy Treaty Treaty of Rome trend United Kingdom world prices