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In page Economy of Norway:

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Although much of the highly divisive public debate about EU membership turned on political rather than economic issues, it formed economic policy in several important ways:

  • The proceeds from oil revenue could not fuel private or public consumption if Norway were to sustain its prosperity when oil reserves run out.
  • In order to participate in European markets, Norway has had to open its domestic markets to European imports. Although some pricing and distribution issues (e.g., alcohol and automobiles) remain unresolved, Norway's consumer, capital, and employment markets are increasingly approaching those of Europe in general.[citation needed]