IMC Chapter 1 - 1.2 - The EU Flashcards
1
Q
What are the 4 major objectives of the EU?
A
1) Economic and social progress
2) Sustainable development
3) An area without internal frontiers
4) Economic and monetary union
2
Q
When was the UK held and what was the result?
A
In a UK referendum held on 23 June 2016, the majority of those who voted chose to leave the EU.
3
Q
When did the UK leave the EU and what was the UK’s status in the customs union and single market?
A
On the 31 January 2020, the UK left the EU but remained part of the single market and customs union. At this point, the UK entered into a transitional period of 11 months and was still subject to EU rules.
