economy facts
This country has the largest economy in the European Union
what is germany?
This European country is the largest exporter of wine
What is France?
Currency is used by most EU countries?
what is the euro?
European institution responsible for creating EU laws
What is European Parliament?
This country’s economy was hit hardest by the 2008 financial crisis in Europe
What is Greece?
This country has the highest GDP per capita in the EU
what is Luxembourg?
The most exported product from Germany
What is machinery and automobiles?
euro=1,00
US dollar = 1,09
The name of the institution that controls the monetary policy of the Eurozone
What is European Central Bank?
The term used to describe the continuous rise in the general price level in an economy
What is inflation?
The smallest economy in the EU by GDP?
What is Malta?
This Swedish brand is very popular for revolutionizing furniture purchased all over the world
What is Ikea
The currency of switzerland
What is swiss franc?
This EU institution manages the budget and oversees the finances
What is European Commission?
Two European countries that are particularly impacted by an aging population, leading to challenges in pension systems and economic growth
(name 1 for half points)
What are Germany and Italy?
This country’s economy is most reliant on agriculture
What is France?
What is Spain? (jaen, andalusia)
Currency of Sweden
What is Swedish Krona?
The main purpose of the European Union’s Customs Union?
What is to ensure the free movement of goods within the EU by setting common external tariffs.
The term used when a country’s national debt exceeds its GDP, creating an unsustainable financial situation
This EU country has the highest unemployment rate
What is Spain?
The main economic impact of Brexit on the UK’s trade with the European Union
What is increased trade barriers, higher costs, and disrupted supply chains?
What is Norweigan Krone?
three largest banks in Spain
What are Banco Santander, BBVA, CaixaBank?
The term for when a country’s economy is not growing and may even be shrinking for a long period?
what is recession?