Unit 4 - European Union - Trade Blocs Flashcards
1
Q
Where are the headquarters of the European Union?
A
- headquarters in Brussels, Belgium
2
Q
What is the European Union?
A
- political and economic union
3
Q
How many member states are there of the European Union?
A
- 28 member states
4
Q
How do you become a member state of the European Union?
A
- applicant countries must meet the conditions for membership and implement EU rules and regulations in all areas
5
Q
What was the original aim of the European Union?
A
- original aim to end frequent wars between neighbouring countries → like World War 2
6
Q
What does the European Union stand for?
A
- human dignity
- rule of law
- freedom
- human rights
- democracy
- equality
- sustainable economic growth
7
Q
What are the benefits of the European Union?
A
- the European single market
tax free trading members - no tariffs - a common currency - trade is simple
- opens up more opportunities - movement is free and open - more job and education opportunities
- helped to develop and modernise countries
common laws - promote everyone to be treated fairly wherever they go - less conflict between nations
- liberalisation - consumers can choose the supplier offering the best conditions
- Schengen area
8
Q
What are the criticisms of the European Union?
A
- communication barriers - less feeling of unity
- loss of sovereignty prevents any one country from becoming powerful (world leaders)
- leaving the EU is difficult
- made to advance the EU as whole, not individual countries
- pay fees
- can aid the movement of dangerous people
- a debt crisis of one country can take the economy of others down