EU- Globalisation

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1. For NICs what is a major disadvantage of joining the EU?

  • They have to adopt the Euro.
  • They have to join a cooperative unit and share resources
  • The cost of joining is expensive- could be spent elsewhere.
  • They have new trade links
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Other questions in this quiz

2. When did the EU first begin to form?

  • 1953
  • Just after WW1
  • Just after WW2
  • 1997

3. What has happened to trade with Europe for the UK?

  • It has increased: in 1970, 12% of GDP was from Europe trading; in 2002 23% of GDP was from EU trading
  • It has decreased due to trade with NICs and US increasing.
  • It has decreased: in 1970, 23% of GDP was from Europe trading; in 2002 12% of GDP was from EU trading
  • It has increased, but no accurate data to back this arguement

4. What impact has the Euro had?

  • Made no difference- partnerships were already close.
  • Made trade easier- no need to exchange as its consistent.
  • Made trade more difficult- it has a bad exchange rate.

5. How many have adopted the Euro?

  • 12
  • 20
  • 17
  • 15

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