Save
ECONOMICS
Trade blocs
The EUROPEAN UNION (EU)
Save
Share
Learn
Content
Leaderboard
Share
Learn
Created by
Frenchy
Visit profile
Cards (33)
Is a economic and political union of 27 members state
The EUROPEAN UNION
The EUROPEAN UNION have many member state?
27 member state
EU originally founded in?
1957
EU originally founded in 1957 as?
European economic community (EEC)
EU population?
494 million people
EU DGP
US$15 trillion
EU has single currency called?
Euro
EU has single currency called Euro used by?
13 member state
What are the Euro activity cover many policy
Economics, foreign affair, defence,health
Citizen of EU member state are also a?
EU citizen
In EU They direct elect the?
European Parliament
In EU They direct elect the European Parliament in?
Once every 5 years
This Parliament have many member?
785 members(MEP's)
The larger population of each member state-
The more MEP's they have
EU is a?
Single market
Single market means
Free movement of land ownership,labour, capital
What EU citizen can do?
Freely live,travel,work,own property, invest other member state
EU new member has?
Restrictions
EU in Internal borders
No passport controls or customs checks
EU is part of?
Free trade zone
EU is part of free trade zone called?
European Economic Area (EEU)
3 non members of EU
Iceland, Liechtenstein and Norway
The
EU
and_____ had to overcome many obstacle in it's history
(
EEC
) EUROPEAN ECOOMIC COMMUNITY
Continent with a many languages and cultures
Europe
In history it also been the area of conflic that started in
Europe
Both
world war l
and
world war ll
Many countries most disagreement to integrate with the?
Union
In
UE
Governments and countries are worried about?
Losing their
independence
Refuse to join euro
Uk
, Denmark and
Sweden
Refuse to join euroUK, Denmark and Sweden because?
They fear to lose
control
over their
economies
Their membership was delayed for a number of years due to concern over their economic and political situation
Bulgaria and Romania
Bulgaria
and
Romania
joined on?
January 2007
Despite being a
member
of
UN
Citizen can't move freely throu other member state
Western European
fear
If there is no control,
huge
of
Eastern European
will migrate to Western Europe