Estimates of the Static Balance of Payments and Welfare Costs of United Kingdom Entry Into the Common Market
- 1 August 1971
- journal article
- Published by Cambridge University Press (CUP) in National Institute Economic Review
- Vol. 57 (1) , 69-83
- https://doi.org/10.1177/002795017105700106
Abstract
The purpose of this paper is to bring together in comparable form some published and unpublished estimates of the effects on the United Kingdom balance of payments of entry into the EEC, and the resource costs associated with them. The effects referred to are the ‘static’ effects measured at the end of the transition period, no account being taken of any ‘dynamic’ effects, nor of the transitional arrangements.Keywords
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