Yes, it does. But it also give benefits.
Actually it's not too different from a married couple. Surely you do give up some of your freedom in a marriage. But if you found the right not, it doesn't matter too much in practice. Because you rarely disagree and the decisions your partner takes is likely to be the same as you would have taken.
Most people think that this could explain some of the problems EU face. The countries are actually not that alike.
But even the scholars disagree to which degree this is actually a problem. Everyone agrees that there are benefits and disadvantages, but they do now agree which ones are greater.
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