European Union Vocabulary Flashcards
Producer
someone who makes goods to sell them to consumers
Common market
a group of countries that acts as a single market, without trade barriers between member countries
Cultural identity
a feeling of belonging to a group that shares the same culture, or way of life
Euro
the unit of currency used in many countries of the European Union
Centripetal forces
a force that unites people and countries
Consumer
someone who buys or sells goods
Supranational cooperation
a form of international cooperation in which countries give up some control of their affairs as they work together to achieve shared goals.
Tariff
a tax on goods that cross country boarders
Diversity
a variety or wide range of differences
Centrifugal force
a force that divides people and countries
Currency
the bills and coins used as money in a particular country or group of countries
