ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Require all European nations to adopt a command economy
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Create greater economic unity between European countries
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Create a large standing army for use around the world
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Solve Europe’s environmental problems
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Detailed explanation-1: -The Economic and Monetary Union binds the EU’s economies together through coordinated economic and fiscal policies, harmonised rules for financial institutions, a common monetary policy and a common currency, the euro. It is a powerful tool to deliver jobs, growth, social fairness and financial stability.
Detailed explanation-2: -achieve sustainable development based on balanced economic growth and price stability and a highly competitive market economy with full employment and social progress. protect and improve the quality of the environment. promote scientific and technological progress.
Detailed explanation-3: -The EU currently consists of 27 member states, including most of the countries of Central and Eastern Europe, and has helped to promote peace, stability, and economic prosperity throughout the European continent. The EU has been built through a series of binding treaties.
Detailed explanation-4: -The European Union is a political and economic coalition of European countries. There is a total of 27 members in the EU. Its main aim is to promote peace, security, and justice in the EU borders.
Detailed explanation-5: -What is one reason the European Union is an economic union rather than just a common market? The nations of Europe allow one another’s imports without tariffs.