POST COLD WAR WORLD
INTEGRATION OF EUROPE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
United Nations
|
|
|
European Union
|
|
|
NATO
|
|
|
International Criminal Court
|
Detailed explanation-1: -Here are some examples of common markets in the global economy: The European Union (EU): The EU is a common market that includes 27 member countries in Europe.
Detailed explanation-2: -A common market is an extension of the customs union concept, with the additional feature that it provides for the free movement of labour and capital among the members; an example was the Benelux common market until it was converted into an economic union in 1959.…
Detailed explanation-3: -On March 25, 1957, France, West Germany, Italy, the Netherlands, Belgium and Luxembourg sign a treaty in Rome establishing the European Economic Community (EEC), also known as the Common Market.
Detailed explanation-4: -The European Union is an example of supranational governance that seeks to benefit from cooperation and coordination of many independent countries. Governments are multi-level.
Detailed explanation-5: -The European Single Market, originally known as the Common Market, has its foundations in the former European Economic Community (EEC) established by the Treaty of Rome in 1957. The first significant change to the original treaty was made in 1986 with the Single European Act (SEA).