The European Union and its earlier iterations are all, at their essence, built around an economic rationale. Membership is attractive because of the practical economic advantages of the larger community.

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The European Union was originally formed with the aim of promoting economic cooperation and integration among its members. Its predecessor, the European Economic Community (EEC), was also established for economic reasons. Therefore, membership in the EU is primarily motivated by economic benefits, such as free trade, common currency, and access to a larger consumer market.

The European Union and Its Earlier Iterations Are All, at Their