Euro-Protection.

This article examines how the European Union (EU) can benefit from an opening of international trade. In principle, the citizens of the 15 members of the EU and 10 accession states will benefit a lot from an opening of international trade. Competition from imports would drive down costs and improve productivity, making the cash in consumers' pockets increase. The EU wants to protect big landowners and other beneficiaries of existing agriculture subsidies and trade restrictions. Europe subsidizes its farmers every year through a scheme called the Common Agriculture Policy.