Business

Which of the following is responsible for proposing European Union leg

QUESTION Which of the following is responsible for proposing European Union legislation, implementing it, and monitoring compliance with European Union laws by member-states? A. Council of the European Union B. European Commission C. European Parliament D. Court of Justice E. European Community   ANSWER B

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Date: September 3rd, 2020

Which of the following is true of the Treaty of Rome? A. It obliged a

QUESTION Which of the following is true of the Treaty of Rome? A. It obliged all European Union members to adopt the euro. B. It committed the European Community to establish common policies in agriculture and transportation. C. It called for the establishment of internal trade barriers. D. It allowed members to determine the level […]

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Date: September 3rd, 2020

Which of the following is true about the European Commission? A. The

QUESTION Which of the following is true about the European Commission? A. The European Union’s competition commissioner has been gaining influence as the chief regulator of competition policy in the member nations of the European Union. B. The European Commission has to be approved by the Council of the European Union before it can begin […]

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Date: September 3rd, 2020

Which of the following meets in Strasbourg, France, is primarily a con

QUESTION Which of the following meets in Strasbourg, France, is primarily a consultative rather than a legislative body, and debates legislation proposed by the commission and forwarded to it by the council? A. European Parliament B. European Central Bank C. Court of Justice D. European Free Trade Association E. European Community   ANSWER A

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Date: September 3rd, 2020

The European Council is considered to be the ultimate controlling auth

QUESTION The European Council is considered to be the ultimate controlling authority within the European Union (EU) because: A. it monitors member-states to make sure they are complying with EU laws. B. it has a monopoly in proposing EU legislation. C. it has 754 members that are directly elected by the populations of the member-states. […]

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Date: September 3rd, 2020

Three countries enter into an agreement to remove all tariffs and trad

QUESTION Three countries enter into an agreement to remove all tariffs and trade barriers between them. They decide on a common trade policy with regard to nonmembers. Faced with political backlash, the countries stop short of allowing mobility of factors of production such as labor and capital. Which of the following levels of economic integration […]

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Date: September 3rd, 2020