The CAP is
a) The Common Agricultural Policy
b) The Common Alien Policy
c) The Community Agricultural Premium
d) The Cost And Price agreement
a) The Common Agricultural Policy
b) The Common Alien Policy
c) The Community Agricultural Premium
d) The Cost And Price agreement
a) May join the European Union in the future
b) Relies on the European Union for all of its trade
c) Relies on the European Union for much of its tax revenue
d) Joined the European Union in 1973
a) Encourages trade with non member countries
b) Encourages trade with member countries
c) Encourages protectionism within the union
d) Encourages countries to act independently
Belonging to the European Union. Read More »
a) There are no tariffs between member countries
b) All member countries have the euro currency
c) All member countries have the same taxation policies
d) All member countries have the same defence policy
Within the European Union Read More »
a) 50 million
b) 450 million
c) 1000 million
d) 2000 million
The population of the European Union is approximately what. Read More »
a) France
b) Russia
c) Bulgaria
d) Poland
Which of the following is not a member of the European Union. Read More »
a) Have the same interest rates
b) Have one set of laws
c) All have the euro currency
d) Have common tariffs against non members
Members of the European Union. Read More »
a) The external value of the currency would tend to fall
b) The external value of the currency would tend to rise
c) The injections from trade are greater than the withdrawals
d) Aggregate demand is increasing
If there is a balance of payments deficit then in a floating exchange Read More »
a) Reduce interest rates
b) Sell its own currency
c) Buy its own currency with foreign reserves
d) Increase its own spending
To prevent the external value of the currency from falling the government might. Read More »
a) The government intervenes to influence the exchange rate
b) The exchange rate should adjust to equate the supply and demand of the currency
c) The Balance of Payments should always be in surplus
d) The Balance of payments will always equal the government budget.
In a floating exchange rate system. Read More »