EU

Question 1

legislative process

Answer 1

• Legislation is proposed by the European Commission, which
  consists of one person nominated by each member state.
• the Commission also implements policy if it passes.
• the European Parliament (EP) votes on legislation proposed by
  the Commission.
• akin to an upper house, the Council of the European Union, that votes on proposed legislation.

Question 2

european council

Answer 2

• the EU’s “collective presidency.”
• not the council of the European Union
• similar to a ceremonial president and consists of the leaders of each member state, plus its own president
• provides the EU with general political directions and priorities.
• has no direct executive or legislative power

Question 3

economic integration

Answer 3

• EU is a full free trade area: goods, capital, and services cross borders free from taxes, tariffs, and quotas.
• EURO used by 20 of the 27 members

Question 4

benefits of euro

Answer 4

• A single currency increases competition and stimulates cross-
  border trade and investment.
• may also help foster a European identity

Question 5

drawbacks of euro

Answer 5

• eurozone member countries do not have control over monetary
  policy, such as interest rates or currency production.

Question 6

two paths of EU in the future

Answer 6

• more integration: federation
• repratriation of powers: breakup