POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nations would depend on each other for resources.
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Increased trade barriers would make nations prosper.
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Countries would not know what other countries are manufacturing.
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Coal and steel would be very expensive and scarce.
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Detailed explanation-1: -The ECSC was based on supranational principles and was, through the establishment of a common market for coal and steel, intended to expand the economy, increase employment, and raise the standard of living within the Community.
Detailed explanation-2: -The European Coal and Steel Community was formally established in 1951 by the Treaty of Paris, signed by Belgium, France, West Germany, Italy, the Netherlands, and Luxembourg. The ECSC was first proposed by French foreign minister Robert Schuman on May 9, 1950, to prevent further war between France and Germany.
Detailed explanation-3: -WHAT WAS THE AIM OF THE TREATY? It set up the European Coal and Steel Community (ECSC) which brought together 6 countries (Belgium, Germany, France, Italy, Luxembourg and the Netherlands) to organise the free movement of coal and steel and to free up access to sources of production.