Trade
The EU's main country for imports
China
Name 5 of the main EU countries
France, Spain, Portugal, Germany, Belgium. Luxembourg, Netherlands, Finland, Estonia
Will Brexit cause a domino effect?
No
What is EU tax harmonization
The idea of having all EU countries have the same tax rate
The EU's main country for exports
United States
What EU Country has the highest percent in Nationalist parties
Hungary (52%)
Why is the EU's economic power weakening?
Competition with the US, China, and emerging countries.
French corporate tax
33.3%
US (34.7%)
Why is it easy for EU to have integration between countries
Supranational institutions, trade incentivizes, EU commission, EU judges
Why is the EU weak in technologically weaker than the US or China?
Only spends 2% of total GDP on R&D, and the percent of connected citizens is low
Why are FAANG companies placing their headquarters in Ireland?
31%
Nationalist parties, Brexit, bad solidarity, sovereignty over taxes, differing policies
Why is it difficult for the EU to exist on an international level politically?
Members divided on different policies: NATO, Russian energy, trade with China
What country has the lowest corporate tax percent in the EU
Hungary (9%)
Total gross product from trade in the EU (In billions)
6,530
How did Google France pay only 14 million euros in tax in 2017, despite making 2 billion euros?
They only declared 325 million as profit in France, and declared the rest in Ireland