European Union Review

Which of the following European countries does not use the Euro? 

• Great Britain 
• Spain
• France
• Germany

Which of the following European countries does not belong to the European Union? 

• Russia
• Germany
• Italy
• Sweden

This term is defined as a tax that is paid on imports and exports - 

• tariff
• currency
• sovereign 
• euro

What is one of the benefits of using a single currency in many EU countries? 

• It allows countries to maintain control of their own affairs
• It helps prevent member countries from going into heavy debt
• It allows people, money, and goods to move freely from country to country
• It helps create an open market in which goods can be traded using a tariff

The common market that was formed in 1952 to enhance the steel and coal industries in six European nations

• European Coal and Steel Community
• European Union 
• European Economic Community
• Euro

An international organization in which 28 European countries (and growing) work together on shared issues

• European Economic Community
• European Coal and Steel Community
• European Union
• Soviet Union

Which of the following European countries are a candidate for membership in the European Union? 

• Turkey
• Portugal
• Luxembourg
• Austria

Why was the European Union formed? 

• to treat countries as one nation
• to unite Europe economically 
• to control how farmers and other primary workers get paid
• to give workers equal wages

Which of the following is a requirement for membership in the European Union? 

• The country must use the Euro.
• The country must be controlled by a powerful government body that has authority over all of the nation. 
• The country must charge fair tariffs on most imports and exports. 
• The country must have a stable democracy that respects human rights. 

What is one advantage when countries share the same currency? 

• Visitors and business people can travel without paying airport taxes or luggage fees. 
• Countries can raise taxes on foreigners without hurting their own citizens. 
• Countries can give up control of their own economies to the most powerful country. 
• Visitors and businesses people can go from country to country using the same money.