C2- Relationships between Branches Flashcards
(42 cards)
What were the aims of the EU?
To promote cooperation between European countries and prevent war.
Why was it thought that greater cooperation between European countries would prevent another war?
European countries would rely on each other to run their economies successfully.
What does pooled sovereignty refer to in the context of the EU?
Countries giving up some individual power to enhance their collective power.
How does pooled sovereignty enhance a country’s ability to influence the global economy?
By acting as a member of a larger group of nations and economies.
What are the ‘four freedoms’ of the EU?
- Freedom of movement of goods
- Free movement of services
- Free movement of capital
- Free movement of people
Was the aim of achieving peace among EU member states achieved?
Yes! No wars between member states.
What is the aim of the four freedoms and the single market?
To promote economic growth by breaking down internal barriers to trade.
What agreement guarantees the free movement of people between EU member states?
The Schengen Agreement.
How many states currently make up the single market?
28 member states.
What is the GDP of the EU?
$18.3 trillion.
What is the only world economy that has a greater GDP than the EU?
The US, with a GDP of $21.2 trillion.
Which countries opted out of the Schengen Agreement?
The UK and Ireland.
What happened to the Schengen Agreement during the migrant crisis?
Unequal responses led to some member states accepting more migrants, causing resentment.
What has led to the rise of extremist parties across the EU?
Fears of being swamped by an alien culture.
How have nation states responded to pressures on the Schengen Agreement?
By temporarily taking back control of their borders.
Fill in the blank: The Schengen Agreement has been granted multiple extensions since the migrant crisis due to _______.
unequal responses from member states.
Which of the four freedoms has arguably led to the rise of anti-immigration, nationalist parties across the EU?
The free movement of people
This has caused a rise in anti-immigrant sentiment.
What is the aim of the Economic Union?
To promote cross-border trade and travel by eliminating uncertainties caused by fluctuating exchange rates and the costs of converting currencies.
What new institutions have been introduced to ensure greater economic cooperation?
- European Commission
- Council of the European Union
- European Council
- European Parliament
- European Central Bank
- European Court of Justice
Each institution plays a unique role in developing policies and ensuring the application of EU law.
How many countries have signed up to the Euro?
37
Which countries refused to adopt the Euro currency and why?
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Hungary
- Poland
- Romania
- Sweden
- United Kingdom
They aim to maintain economic independence due to concerns about a central monetary policy that may not suit all economies.
Which ‘Euro-Zone’ countries fared badly during the 2008/9 financial crisis?
- Greece
- Spain
- Italy
- Portugal
Their lack of economic independence prevented them from setting monetary policies to best foster their recoveries.
What action did the European Central Bank take following the 2008/9 financial crisis?
Raised interest rates fearing high inflation in Germany.
How many member states had joined the EU by 2019?
28
