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Could Canada Join the European Union? 🇨🇦🇪🇺
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Could Canada realistically join the European Union? 🌍
With growing trade tensions between Canada and the U.S., the idea of closer economic ties with Europe is resurfacing. But is full EU membership even possible? Geoff Riley, Co-Founder of tutor2u, breaks down the economics behind this debate.
In this short video, Geoff explores:
✅ Canada’s heavy reliance on the U.S. for trade (over 75% of exports!)
✅ The Comprehensive Economic and Trade Agreement (CETA)—how it’s boosted trade but still falls short of full EU membership benefits
✅ Potential advantages of EU membership, like full access to the single market and increased labor mobility
✅ Major barriers to EU entry, including regulatory alignment and Canada’s geographical distance
✅ Alternative trade models—Could Canada follow Norway, Switzerland, or Turkey’s lead?
✅ The Gravity Theory of Trade - Does Canada’s location make EU membership unrealistic?
💡 Whether you're an Economics student, teacher, or just an economics enthusiast, this discussion will sharpen your understanding of trade theory, economic integration, and global trade policy.
🔥 Don’t miss out! Hit LIKE if you found this insightful, SUBSCRIBE to tutor2u for more top-quality Economics content, and turn on the notification bell so you never miss an update! 🔔
#exams2025 #examsuccess #economics #economicssuccess #ukeconomy #topgrades #macroeconomics croeconomics #tutor2u #EconTeachers
#AQAeconomics #Edececonomics #OCReconomics #IBeconomics #CambridgeEconomics
#TradeTheory #GlobalEconomics #GravityTheory #FreeTrade #CETA #SingleMarket #EconomicIntegration #InternationalTrade #canada #trump #tradewar #europeanunion #globalisation #usaeconomy #canadaeconomy #greenland #denmark #europeanunion #europe #trumptariff
With growing trade tensions between Canada and the U.S., the idea of closer economic ties with Europe is resurfacing. But is full EU membership even possible? Geoff Riley, Co-Founder of tutor2u, breaks down the economics behind this debate.
In this short video, Geoff explores:
✅ Canada’s heavy reliance on the U.S. for trade (over 75% of exports!)
✅ The Comprehensive Economic and Trade Agreement (CETA)—how it’s boosted trade but still falls short of full EU membership benefits
✅ Potential advantages of EU membership, like full access to the single market and increased labor mobility
✅ Major barriers to EU entry, including regulatory alignment and Canada’s geographical distance
✅ Alternative trade models—Could Canada follow Norway, Switzerland, or Turkey’s lead?
✅ The Gravity Theory of Trade - Does Canada’s location make EU membership unrealistic?
💡 Whether you're an Economics student, teacher, or just an economics enthusiast, this discussion will sharpen your understanding of trade theory, economic integration, and global trade policy.
🔥 Don’t miss out! Hit LIKE if you found this insightful, SUBSCRIBE to tutor2u for more top-quality Economics content, and turn on the notification bell so you never miss an update! 🔔
#exams2025 #examsuccess #economics #economicssuccess #ukeconomy #topgrades #macroeconomics croeconomics #tutor2u #EconTeachers
#AQAeconomics #Edececonomics #OCReconomics #IBeconomics #CambridgeEconomics
#TradeTheory #GlobalEconomics #GravityTheory #FreeTrade #CETA #SingleMarket #EconomicIntegration #InternationalTrade #canada #trump #tradewar #europeanunion #globalisation #usaeconomy #canadaeconomy #greenland #denmark #europeanunion #europe #trumptariff
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