Global groupings EU
- Created by: tami.atkinson
- Created on: 13-01-16 15:39
View mindmap
- Global Groupings EU
- why est.?
- to help to globe recover from WW2
- 1957 - 6 members
- 2007 - 27members
- aims
- promote security and peace
- less likely to go to war as they have to agree policies
- promote development
- work together to tackle dev. issues
- e.g. UN - 8 millennium development goals (2000)
- work together to tackle dev. issues
- benefits all of their economies
- reduce trade barriers and tarrifs
- e.g. canada, mexico and usa agreed (NAFTA)
- reduce trade barriers and tarrifs
- promote security and peace
- Positives
- Trade increased
- 1970 = 12% uk GDP from trade with europe
- 2002 - 23 %
- 1970 = 12% uk GDP from trade with europe
- 17/27 use a single currency-euro
- no exchange rates, prices consistent
- EU supports industries
- subsidises farmers
- Trade increased
- Negatives
- expensive to join - need to meet requirements
- have to share resources
- fisheries
- reduces trade with countries outside EU - expensive
- MALI
- reduces independence as you must abide by eu laws
- why est.?
Comments
No comments have yet been made