European Union

27 countries have come together to form the ___________.

• European Union

• NAFTA

• OPEC

• none of the above

Together they have created a common money which is the ____.

• US dollar

• Great Britain money

• Euro

• none of the above

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

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

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

• True
• False

Which of the following was a result of the free trade that happens in the EU?

• less money to spend in the economy
• countries becoming isolated
• lower standard of living
• increased trade and a higher standard of living

What word means an organized group formed by people with a common interest or purpose?

• Passport

• Free Trade

• Tariff

• Union

What term means the absence of taxes on trade?

• Passport

• Free Trade

• Tariff

• Union