Lesson 14 Study Guide Flashcards
A form of international cooperation in which countries give up some control of their affairs as they work together to achieve shared goals
Supranational Cooperation
Force that unites people and countries
Centripetal Force
Force that divides people and countries
Centrifugal Force
A group of countries that work together to promote trade with one another and other countries
Trade bloc
A tax on goods that cross country borders
Tariff
The unit of currency used in many countries of the European Union
Eurozone
What was the first thing established in the EU?
A common market with coal and steel
What did the EU create to promote EU cultural identity? Name three
A flag, national anthem, and Europe day
Do all member countries have to agree on a decision of the EU government? What happens if they don’t agree?
No they don’t all have to agree, but they do have to follow the rules and decisions that get made
Why might a country that is part of the EU not use the euro as its currency?
Because if they have not met the requirements then they are not allowed to use the euro
Name a few ways the EU has promoted economic cooperation. (Centripetal force)
Reduce trade barriers like tariffs, use of common currency, and created a trade bloc
What are some benefits of being a member of the EU?
Tariffs are eliminated, travel through the EU countries easily, trade with other countries in the EU, and the use of common currency.
What are some disadvantages of being a member of the EU?
People immigrate to wealthier countries, one countries poor economy can bring down the value of the euro, and loss of the control of your country