SW5: EU Integration & Economic Growth

Question 1

European Integreation is the process of…:

Answer 1

• industrial
• political
• legal
• economic
• social
• cultural
  …integration of European states

Question 2

Pro’s of European Integration:

Answer 2

• Research programs
• Student Programs
• Cooperation on safety issues

Question 3

Con’s of European Integration:

Answer 3

• Loss of independence
• Intransparency
• Small countries have fewer seats in Parliament

Question 4

Lisbon Strategy

Answer 4

Aim:
«[…] to become the most competitive and dynamic knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion.»

Question 5

Guarantee of the 4 Freedoms

Answer 5

• Goods
• Services
• Capital
• Workers

Question 6

Underlying Motives of the European Integration

Answer 6

• Maintain Peace
• Increase economic prosperity
• Increase employment
• Allocate labor efficiently between countries
• Increase socio-cultural integreation
• Strengthen European identity