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I am American and not a member of the EU.  I have also not performed any indepth study of the EU's effects positive or negative in past or recent years.  Therefore I am not qualified to make a judgment about the EU's effectiveness nor its value as an entity.  However, I will say this: 

A nation must learn to truly govern itself well before it should aspire to govern another. 

I know of no nation which possesses a system of government so well-designed and perfectly implemented that I feel it would be qualified to do such.