The EU Flashcards
Paper 2 (24 cards)
What treaty created the European Union?
The Maastricht Treaty
When did the Maastricht Treaty come into force?
1993
What are the Four Freedoms of the EU Single Market?
- Goods
- Services
- People
- Capital
What restrictions are placed on goods from another EU state?
Member states can’t impose taxes or tariffs or discriminate against them
What is the right for professionals and businesses within the EU?
They can offer their services in any EU state
What rights do EU citizens have regarding employment in other EU countries?
They can seek employment without discrimination on the grounds of nationality
What has been removed regarding currency exchange and foreign investment in the EU?
All restrictions
What does EU social policy promote?
- Cohesion
- Employment rights
- Worker security
What does EU law limit in the workplace?
Working hours and discrimination
What is the ‘convergence criteria’ related to?
Joining the Euro
How many countries in the EU use the Euro?
19 of the 27 countries
What economic impact does the Economic and Monetary Union have?
Ends exchange rate uncertainty and eliminates costs on cross-border trade
What are the key aims of the EU?
- Promoting peace
- Establishing a single European market
- Promoting economic, social + territorial cohesion
- Establishing an economic + monetary union
- Establishing an area of freedom, security + justice
- Combating discrimination + promoting equality
Has the EU achieved its aims?
Yes, it has created a single market and protected workers’ rights
What is the size of the EU single market?
500 million consumers
What percentage did the EU help boost the GDP of member countries?
Roughly 6%
What has been a controversial aspect of the economic union?
Small states requiring bailouts and austerity imposed by Brussels
What sentiment has grown in response to the EU?
Anti-EU sentiment
What was a positive outcome for the UK post-Brexit?
New EU laws no longer take immediate effect in the UK
What trade agreement did the UK join post-Brexit?
CPTPP trade group
What is a negative aspect of the Brexit deal regarding fair competition?
EU can impose sanctions if environmental targets aren’t met
What division was created in the UK post-Brexit?
Borders in the Irish Sea
What percentage of Scotland voted to remain in the Brexit referendum?
62%
What percentage of Northern Ireland voted to remain in the Brexit referendum?
55.8%