Exam 14: The European Union: Many Markets Into One

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When did the European Union become a common market?

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What three sources of revenue finance the EU budget?

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The fact that 10 additional nations joined the European Union in May 2004 is an example of deepening.

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The first and biggest problem the EU faces in its expansion to the east is

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Which EU institution has played a significant role is responding to the economic crisis that began in 2007?

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The primary legislative branch of the European Union is called the

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The founding document of the European Economic Community,and the document that continues to provide the basis for the European Union is the

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The "Four Freedoms" do NOT include the right to

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The roots of the European Union are in agreements within the coal and steel industries.

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According to the principle of subsidiarity,in which of the following areas should the authority for making decisions be taken from national governments and given to the EU?

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Emigration is when people leave a country because of supply push factors.

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What challenges does the European Union face in the short,medium,and long run?

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All the countries of the EU participate in the Schengen Agreement.

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The single currency project in the EU will be most successful if European labor is relatively

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The European Union became an economic union with the implementation of which treaty?

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Most cohesion funds in the EU budget go to the wealthier EU member nations.

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Describe the history and consequent deepening as the European Union developed.Which treaties created which level of economic integration? Do countries have the ability to participate in some levels of integration and not others? Give specific examples.

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Which agreement removes customs and passport controls at the common borders of many EU countries?

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According to your text,what is the major long-run issue facing the European Union?

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The principle of subsidiarity is a way to

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