Why should a country join a customs union?

Daniel Burchardt

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Essay from the year 2008 in the subject Law - European and International Law, Intellectual Properties, grade: A, University of Ed...

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Essay from the year 2008 in the subject Law - European and International Law, Intellectual Properties, grade: A, University of Edinburgh, course: Introduction to the European Union, language: English, abstract: In my essay, I deal with the issue: "Why should a country join a customs union?" Regarding to this question, I try to figure out a couple of facts which might encounter countries to join a customs union. After a brief statement of the economics in the international context I'll consider the advantages and disadvantages of joining a customs union, compare the advantages and disadvantages and finally give a brief statement. For supporting my conclusions I'll refer to the development in the EC.