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What is the leading economic power in the European Union?
ChuckSiata
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Is Cyprus part of the European Union?
Yes, Cyprus has been a part of the European Union since 1 May 2004.
What is the global economic power?
The largest global economic power is presently the United States. The nation of China runs a close second with the European Union close behind.
Why does the European Union boycott have a greater impact than boycotts carried out by individual nations?
The boycott has more economic power.
Is the European Union a colonial power?
Sort of. Several countries within the European Union still hold several colonies and territories around the world, some of which are part of the European Union. However, the EU as a whole is not considered a colonial power.
Who has the largest voting power in the European Union?
Germany.
Which country is the only superpower in 2009?
Actually, there are several. The United States is certainly a world power, as is China. The Russian Republic still wields much of the power of the former Soviet Union. The European Union as a whole could be construed as a world power as a single economic influence. There is not just one.
Does Romania favor the European Union expansion?
Well, it depends from where you regard it. yes, it does, because it bring new open market for European products and a cheaper work force for European industries. no, it does not, due to the fact that Romania drags down the EU charts for corruption and economic power.
Why is the European Union hesitant to take in former Communist nations?
There is an economic cooperation among European Union members. Some economic help is given to the poorest or least developed members, which is one of the main reasons or incentive for Eastern European countries, or Turkey, to apply for membership. The members contributing the most (on a economic viewpoint) are reluctant to stretch even more their obligations towards newcomers. Some countries which are now getting aid from the union, would also become contributors. Also at stake is the political power within the Union; some new members, like Poland, are eager to get a more favourable position.
What made England a leading economic power in the late 1800's?
The Industrial Revolution.
How is France's economic system today?
As of 2014, France's economic system is quite strong. They are one of the world's leading economic power. This is because they have agricultural, industrial and service sectors.
What is the European Union about?
The European Union is considered a world-power by some. It is a large organization that covers much of Europe and involves a wide-scale population and has the largest economy in the world. It is crucial to the global economy and to Europe.
What were the results when united kingdom became the world's leading economic power in 1800's?
the discovery of oil
