European Union

a common currency (money) used by several EU

• Euro

• Pound

• Dollar

• Franc

How many countries belong to the EU today?

• 37

• 50

• 28

• 19

What is the advantage of participating in the European Union (EU)?

• Eliminated tariffs and increase of free trade

• Low tariffs and no embargos

• High tariffs and no free trade

• Embargoes, tariffs, and quotas

What is the European Union (EU)?

• A union agrees upon the price of tea

• A union to agree upon political leaders

• A union of free trade among participating European countries

• A union to set up boundaries of Latin speaking countries

Why was the European Union formed? 

• to treat countries as one nation
• to prevent further wars
• to control how farmers and other primary workers get paid
• to give workers equal wages

People are free to travel and trade between the E.U. countries.

• True
• False

The flag for the E.U. is:

• Red, white, & blue with stars and stripes
• red with yellow hammer & sickle
• black with white writing
• blue with yellow stars in a circle

Another name for a tax placed on imported goods is what?

• Embargo
• Tariff
• Blockade
• Quota

If a country produces one product at a fast pace and can do what they do best and trade for the rest, this is called what?

• Specialization
• Currency Exchange
• Tariff

What is literacy?

• the ability to read and write
• the ability to read
• the ability to hear
• the ability to write