Firstly, About Advantages . The most considerable advantag is high reduction of war probablilty. All European countries entering the E.U. are bound to restrictions that are favorable to their economy and development. A European currency that reduces monetary instability. Europeans can move around freely within the European Union and therefore seek for jobs in other countries due to this they would not remain a jobless.
Now about disadvantages. Reduction of soverinety when European Institutions ask countries to give some of their souvereign powers to the E.U. which doesn't always benefit to every country.
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