ECONOMICS (CBSE/UGC NET)

ECONOMICS

BARRIERS TO TRADE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The EU sets rules/laws that its members must follow. Which country has decided they do not want to have these rules for their country?

A	United Kingdom
B	France
C	Belgium
D	Germany

Explanation:

Detailed explanation-1: -Policy made at the EU level generally applies to all 28 Member States of the EU, unless any have negotiated ‘opt outs’ or exemptions, which mean that they do not have to implement certain policies, or particular clauses in legislation.

Detailed explanation-2: -There are 3 main institutions involved in EU decision-making: the European Parliament, representing EU citizens. the Council of the European Union, representing EU governments. the European Commission, representing the EU’s overall interests.

Detailed explanation-3: -The European Parliament takes decisions on EU laws together with the Council of the European Union. If the Parliament and the Council cannot agree on a piece of legislation, there will be no new law.

Detailed explanation-4: -EU countries Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

There is 1 question to complete.