Identify two benefits of membership of the European Union for Ireland - Junior Cycle Business Studies - Question 4 - 2022

Single European Market (SEM): Membership in the EU allows for the creation of the Single European Market, facilitating the free movement of goods, services, capital, and people. This significantly boosts trade and economic opportunities for Ireland, enabling businesses to operate more efficiently and access a larger customer base.

EU Funding: Ireland benefits from substantial EU funding that supports infrastructure development and economic growth. This financial assistance has helped enhance Ireland's infrastructure, thereby fostering economic development and attracting further investment.