Estimates of the Static Balance of Payments and Welfare Costs of United Kingdom Entry Into the Common Market

Marcus Miller

National Institute Economic Review, 1971, vol. 57, 69-83

Abstract: The purpose of this paper is to bring together in comparable form some published and unpublished estimates of the effects on the United Kingdom balance of payments of entry into the EEC, and the resource costs associated with them.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.

Date: 1971
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