Which of the following is one of the advantages of the Single European Market for Ireland?

The Single European Market provides various benefits for member countries, and one significant advantage for Ireland is the potential for increased sales. This market allows for the free movement of goods, services, capital, and people among member states. With reduced barriers to trade, Irish businesses can access a much larger customer base across Europe. This access not only facilitates selling more products and services but can also lead to economies of scale, where businesses can produce more efficiently due to a larger market. Consequently, an increase in sales can significantly contribute to economic growth and job creation in Ireland.

In contrast, while reduced import taxes could also be seen as a benefit, the primary advantage highlighted here focuses on the direct impact of market size on sales opportunities rather than just cost reduction. Increased restrictions on foreign businesses and decreased competition would not be advantageous for the Irish market, as they could harm trade opportunities and business growth.