Trade Bloc- EU Flashcards
1
Q
The EU is a union. What does this mean?
A
No barriers for members, common tariff for non-members
2
Q
List three positives of the EU
A
- tax free trading
- no conflict between nations
- common currency means trading is easier
- doesn’t interfere with culture (different languages)
- movement is free, opening opportunities for jobs & education
3
Q
List three negatives of the EU.
A
- language barriers-> communication for trading difficult
- leaving is drawn out, difficult and expensive (BREXIT)
- more affluent countries have to assist LEDCS
- serves interest as a whole bloc not as countries individually
4
Q
What were the 4 aims of the EU (think about positives?
A
- establish EU citizenship (protection of human rights and freedoms)
- ensures freedom, security and justice
- promote economic and social progression
- assert Europe’s role in the world