SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nationalism
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Political stability
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Cultural divergences
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Spread of communism
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Detailed explanation-1: -At the level of the European Union (EU) the economic growth policy is mainly based on job creation, efficient use of financial resources, investment stimulation and innovation and technology promotion.
Detailed explanation-2: -The EU is the largest trade bloc in the world. It is the world’s biggest exporter of manufactured goods and services, and the biggest import market for over 100 countries. Free trade among its members was one of the EU’s founding principles. This is possible thanks to the single market.
Detailed explanation-3: -The EU has started to act more as a nation state. (i) European integration after 1945 was aided by the cold war. Under the Marshall plan, the OEEC was established in 1948 to channel aid to the west European states. (ii) The process acquired a political dimension with the creation of the European Parliament.