WORLD HISTORY

POST COLD WAR WORLD

INTEGRATION OF EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the European Union (EU)?
A
A union agrees upon the price of tea
B
A union to agree upon political leaders
C
A union of free trade among participating European countries
D
A union to set up boundaries of Latin speaking countries
Explanation: 

Detailed explanation-1: -The European Union (EU) is a political and economic alliance of 27 countries. The EU promotes democratic values in its member nations and is one of the world’s most powerful trade blocs .

Detailed explanation-2: -The European Union is a unique partnership between 27 European countries, known as Member States, or EU countries. Together they cover much of the European continent. The EU is home to around 447 million people, which is around 6 % of the world’s population. Citizens of the EU countries are also EU citizens.

Detailed explanation-3: -The EU countries are: 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.

Detailed explanation-4: -European Union: A group of European Capitalist countries established in 1992 founded for common goals of foreign and security policy, cooperation and home affairs. OEEC: Organisation for European Economic Cooperation established in 1948 to channel aid to West European states to cooperate on trade and economic issues.

Detailed explanation-5: -The EU negotiates trade agreements on behalf of the member states – including Ireland. These agreements deal with preferential duty rates on the shipment of goods between the EU and countries around the world. They have also evolved to cover a wider range of areas to facilitate trade.

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