History
Legislation/Decision Making
Disadvantages
Advantages
100
Who were the original 6 members of the EU?
Germany, Italy, France and the Benelux nations.
100
What is one of the criteria that a country must follow to join the EU?
Free-market economy, stable democracy, rule of law, the acceptance of all EU laws or the payment of membership fees.
100
This policy has led to workers moving to western Europe for better jobs.
Free movement of labor
100
Name one way in which free trade between countries in the EU is advantageous?
It allows for more trade opportunities between the various markets in the EU, which in turn increases competition between those markets and lower prices of products.
200
What two materials did the original members form a trade union over?
Coal and Steel
200
What is the first step in the legislative process?
Drafting Process
200
This economic problem plagues all parts of the EU and wastes a significant amount of money.
Corruption
200
Name a benefit of the euro.
-Stable monetary unit -Keeps inflation in check -Removes transaction costs for foreign currency exchanges
300
What treaty changed the ECSC to the European Economic Community?
Treaty of Rome
300
Name one country that is currently applying for EU membership.
Iceland, Macedonia, Montenegro, Serbia or Turkey
300
This feature of currency is used by countries to ensure competitiveness, but is not in the Euro.
Devaluation
300
What employment benefits are offered by countries in the EU?
-You are entitled to work in any country belonging to the EU without limitations. -You will be considered a national of the country that you are working in on the first day of work.
400
In what year was the Euro introduced as a currency?
2002
400
What are the main duties of the European Parliament President?
Ensures Parliamentary procedures are properly followed, oversees Parliamentary actions and committees, represents Parliament in legal matters and international affairs and gives final assent to the EU budget.
400
This treaty created Union law, which limits national sovereignty by requiring that national laws conform to it.
Treaty on European Union
400
Name two benefits of the Common Agricultural Policy.
-Provides income for farmers in the EU -Ensures environmental laws are respected by farmers in the EU -Ensures organic products are genuine -Ensures that food is plentiful
500
What country was most recently added to the EU?
Croatia
500
About how long is the Conciliation Committee in session?
18 to 24 weeks (4-5.5 months)
500
This policy makes up ~40% of the EU's budget and has caused problems for the food market
Common Agricultural Policy
500
What is the European Financial Stabilization Mechanism?
The European Financial Stabilization Mechanism is a treaty covering all EU member states, allowing a maximum of 60 billion euros in financing for countries in need belonging to the EU.