European Union 1
What was the name of the European Union before?
European Economic Community (EEC)
What is the name of the treaty in 1993 that changed the EEC to the EU?
Maastricht Treaty
What is the currecny of the EU?
Euro
True or False: Member states do not need to make special payments to remain part of the Single Market, but they also need to follow the same EU laws as other member states.
False
What is the motto of the EU?
United in diversity
Where is the European Parliament found? Give the city and the country.
Strasbourg, France
Where is the European Central Bank located? Give me the city and country.
Frankfurt, Germany
What is the meaning of the equal sign in the Euro?
Stability
What are the three EU institutions found in Brussles, Belgium?
Council of the EU, European Commission, European Council
How many gold stars does the EU flag have?
12 gold stars
What are the security measures that the euro bank note has? Give me 3.
watermarks, holograms, and security threeads.
What Greek letter is the euro sign € based on?
Epsilon ε
What is the function of the Court of Justice?
The highest court in the EU legal system. It makes sure member states and EU institutions observe the law.
What are the institutions of the EU? Give me 4.
European Parliament, Council of the EU, European Commission, European Council, Court of Justice, European Court of Auditors
What are the four freedoms?
free movement of goods, capital, services and people
What is the desciption of the "People" in the four freedoms? What can the People in the EU enjoy?
Citizens of the EU can live, work, travel or study in any other member state without the need for work permits or visas. Often, there are no border checks when you move between the EU countries.
Who were the founding members of the EEC?
the Netherlands, Luxembourg, Germany, Italy, and France
What are the objectives of the EU? Give me 5.
- freedom, security, and prosperity of its member countries
- the EU respects cultural and linguistic diversity and opposes social exclusion and discrimination
- environmental protection
- promote peace and democracy
- protects diplomacy and rule of law
Complete the blanks. "The EU sets certain _________ and technical specifications for goods for the entire ______. Once goods are imported into the ___, they do not need to pass through ________ _______ when moving to other member states."
The EU sets certain standards and technical specifications for goods for the entire region. Once goods are imported into the EU, they do not need to pass through customs control when moving to other member states.
What are the advantages of the euro area? Give me 4.
- The economy is more stable and it can grow
- For businesses and citizens, using the same currency is easier because they do not need to calculate the exchange rate
- it attracts non-EU countries to do business with countries that have the euro so it promotes trade.
- The euro gives the EU a stronger presence in the global economy because it is the second most important currecny after the US Dollar