European Integration Expected economic growth from Eliminating transaction costs Economies of scale will be attained as production becomes concentrated More intense competition from eu companies a Operations from one country can be freely expanded to other countries a Products can be freely sold across borders to millions of new consumersEuropean Integration ◼ Expected economic growth from: ◼ Eliminating transaction costs ◼ Economies of scale will be attained as production becomes concentrated ◼ More intense competition from EU companies ◼ Operations from one country can be freely expanded to other countries. ◼ Products can be freely sold across borders to millions of new consumers