Week 5 Flashcards

(20 cards)

1
Q

Ex. Negative Integration

A

The removal of barriers and restrictions on economic exchange

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2
Q

Ex. Positive Integration

A

The creation of common economic policies, standards, & framework

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3
Q

Preferential trading area + Integration

A

Countries grant each other preferential access to certain products
- Negative Integration

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4
Q

Free-trade area + Integration

A

All internal tariffs/quotas are removed on all goods/products
- Negative integration

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5
Q

Customs union + Integration

A

Removal of all barriers on trade and adopt a common external tariff to non-members
- Negative Integration

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6
Q

Single market + Integration

A

Free movement of goods, people, services & capital
- Negative & Positive integration

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7
Q

Economic union + Integration

A

Single market + the coordination of economic & fiscal policies
- Positive integration

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8
Q

Economic and Monetary union + Integration

A

Countries share a single currency and monetary policy, managed by central authority
- Positive integration

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9
Q

Complete economic integration + Integration

A

Single economic policy, “De facto”
- Positive integration

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10
Q

Original EU MS ?

A

BeNeLux, France, Germany, Italy

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11
Q

Eu Enlargement in 1973

A

The UK, Ireland, Denmark

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12
Q

Eu Enlargement in 1981-8

A

Greece, Spain, Portugal

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13
Q

Eu Enlargement in 1995

A

Austria, Sweden, Finland

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14
Q

Eu Enlargement in 2004

A

Big Bang
Estonia, Latvia, Lithuania, Poland, Czech Republic, Slovakia, Hungary, Slovenia, Malta, Cyprus

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15
Q

Eu Enlargement in 2007

A

Romania, Bulgaria

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16
Q

Eu Enlargement in 2013

17
Q

Potential joining MS ?

18
Q

What are the Copenhagen conditions?

A

Democracy, Capitalism, and an ability to adopt all EU laws for membership

19
Q

Ex. Widening integration

A

Continued enlargement is the best interest of everyone

20
Q

Ex. Deepening Integration

A

Better integration among ALREADY existing MS should be prioritize