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ECON QUIZ 1
Final Exam Study Materials
22
Economics
Undergraduate 4
12/12/2011

Additional Economics Flashcards

 


 

Cards

Term
Germany became a republic...
Definition
after WWI
Term
The Marshall Plan benefited
Definition
mostly to the UK and France
Term
The main consequences of the collapse of the USSR have been
Definition
ethnic conflicts and creation of new states
Term
Nowadays, ______ is the only economic policy available in Western nations.
Definition
Monetary policy
Term
During the ______ some European countries designed an independent monetary system.
Definition
1970's
Term
_______ was the first purpose of the European construction.
Definition
Peacekeeping
Term
"Deepening the European integration means
Definition
enforcing the principles of the EC and harmonizing norms and standards
Term
There are ______a people residing in the EU today.
Definition
510 million
Term
The EU is the first exporter of the world.
Definition
True
Term
Spillover effect is the core concept of
Definition
Neo-functionalism
Term
The EU ratio (Imports+Exports)/GDP is approximately...
Definition
60%
Term
Since the 2009 constitution, the EU is composed of three bodies or "pillars".
Definition
False
Term
The European Parliament belongs to the legislative branch of the EU's institutions.
Definition
False
Term
The OEEC
Definition
was managing the Marshall Plan
Term
The 1970's years are marked by
Definition
the Eurosclerosis
Term
China is the EU's most important trading partner.
Definition
False (The USA)
Term
FDI means
Definition
Federal Direct Investment
Term
The Marhshall Plan benefited mostly Germany.
Definition
False (UK and France)
Term
According to the "maximalist" point of view, economic ties are not enough to prevent war between nations.
Definition
True
Term
The Rome Treaties include
Definition
The treaty of the EEc and the Euratom
Term
The Triad is
Definition
the name given to the three biggest economic blocks in the world.
Term
the German GDP reps about 50% of the EU's GDP.
Definition
False (20%)
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