Trade Bloc- EU Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

The EU is a union. What does this mean?

A

No barriers for members, common tariff for non-members

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
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
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
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
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What were the 4 aims of the EU (think about positives?

A
  1. establish EU citizenship (protection of human rights and freedoms)
  2. ensures freedom, security and justice
  3. promote economic and social progression
  4. assert Europe’s role in the world
How well did you know this?
1
Not at all
2
3
4
5
Perfectly