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EU – Economic Policies

EU – Economic Policies. Day 2 – Economic Effects of the EU. Turn to the page right after your EU – Background Page Title it EU – Economics 3. Record the Economic Key Question below. Economic Key Question: Why is the EU considered a cooperative trade zone?.

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EU – Economic Policies

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  1. EU – Economic Policies

  2. Day 2 – Economic Effects of the EU • Turn to the page right after your EU – Background Page • Title it EU – Economics 3. Record the Economic Key Question below. Economic Key Question: Why is the EU considered a cooperative trade zone?

  3. Directions: On your European Union – Economics page, create and complete the Frayer Model below. Help  Leave this portion blank and complete it as you go through the slides.

  4. Euro – The common currency of the European Union

  5. Directions: On your European Union – Economics page, complete the Frayer Model below.

  6. Directions: On your European Union – Economics page, please record the questions below. EURO • How does the Euro help trade between countries who use it?

  7. Directions: On your European Union – Economics page, complete the Frayer Model below.

  8. Directions: On your European Union – Economics page, please record the definitions and questions below. Use the graph on the next slide to answer the questions. TRADE BLOC Trade Bloc – a group of countries that act together to increase their influence over world trade. • The EU’s influence is comparable to which major economic power? • Create a real-life situation where the EU is acting as a trade bloc.

  9. Gross Domestic Product of the Top Four Economic Powers, 2002 • Sketch the graph below. • Answer question #1 from the previous slide. Japan China Spain TRADE BLOC Other EU nations EU Germany France UK Italy US 0 5 10 GDP (in trillions of US dollars)

  10. Directions: On your European Union – Economics page, complete the Frayer Model below.

  11. Directions: On your European Union – Social page, please record the definitions and questions below. Use the graph on the next slide to answer the questions. IMMIGRATION • Which countries make the largest contribution to the GDP of the EU? • How will this affect immigration to those countries?

  12. Directions: On your European Union – Economics page, please record the definitions below. • Wage Differences People in Eastern Europe are paid less for doing the same work as people in Western Europe. • How does this effect migration in the EU? • If you owned a business, where would you locate your secondary activities? Explain why.

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