The EU
- Created by: Charlie Davies
- Created on: 22-05-14 10:15
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- The EU
- Beneficial Effects for Members
- The Treat of Rome (1958)
- allows freedom of movement of both people and goods though out the EU
- this helped create a common market that would have the same trading policy and could challenge economic muscle of USA
- as well as this the standards of living for those living within the common market increased significantly as the economies grew
- 67% UK Trade is within EU
- as well as this the standards of living for those living within the common market increased significantly as the economies grew
- this helped create a common market that would have the same trading policy and could challenge economic muscle of USA
- allows freedom of movement of both people and goods though out the EU
- The Maastricht Treaty (1993)
- established a common currency policy - The Euro
- help to end currency instability by fixing exchange rates
- Consumers would not have to change money when travelling and would encounter less red tape when transferring large amount of money across borders
- established a common currency policy - The Euro
- CAP(1950's)
- Common Agricultural Policy
- main objectives include
- increasing productivity
- ensuring fair living standard for the agricultural community
- stabilising markets
- Involved guarantees for products and subsidies given to farmers to grow different crops
- however this lead to the "food mountain" being created where farmers grew an excess supply as they tried to produce as much as they could
- Also the farmland was intensively farmed leading to eutrophication as subsidies encouraged unsustainable farming methods
- Also the farmland was intensively farmed leading to eutrophication as subsidies encouraged unsustainable farming methods
- however this lead to the "food mountain" being created where farmers grew an excess supply as they tried to produce as much as they could
- 46% of EU budget on CAP
- But countries who joined first get most of that 46%
- E.G. FRANCE- 22%
- Croatia and Bulgaria get 18%funding to share between them but pay the same as France
- E.G. FRANCE- 22%
- But countries who joined first get most of that 46%
- Costs the UK around £14billion per year= expensive for tax payer
- Croatia and Bulgaria get 18%funding to share between them but pay the same as France
- The Treat of Rome (1958)
- Negative Effects for Members
- Increased immigration as direct result of freedom of movement
- strain on housing and other amenities
- 2004: 140,033 people immigrated to France
- strain on housing and other amenities
- Immigrant workers send money back home =blow to economy
- Increased immigration as direct result of freedom of movement
- Beneficial Effects for Members
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