Subject: Re: Year One withdrawal rate
Sure. But the EU isn't a country. It is a conglomeration of countries, each of which have their own economy and interests.
Sure. But the whole point was to merge their economies. Which they have done. So it is appropriate to treat it as a single economic entity. Similar to how CA has it's own GDP, but it is lumped in with the other 49 states (and possibly US territories...not sure about that?). Even if they have their own interests and concerns. CA GDP exceeds the GDP of at least half the nations on the planet.