Estimates of the long-run gains (after 25 years) from enlargement of the European Union range between:
A) 4.8% and 9.1% of EU GDP.
B) 0.6% and 1.8% of EU GDP.
C) 10.0% and 20.0% of EU GDP.
D) 25.0% and 40.0% of EU GDP

Question

Quizplus · Accepted Answer

The estimates of the long-run gains from enlargement of the European Union range between 0.6% and 1.8% of EU GDP, according to various studies conducted by the European Commission, International Monetary Fund, and World Trade Organization.

Estimates of the Long-Run Gains (After 25 Years) from Enlargement