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19 Cards in this Set
- Front
- Back
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The Commision
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Responsible for certain areas of policy making
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The Common Market
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Elimination of all tariffs between European nations
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The Council of Ministers
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Continuing power of states
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Crisis management
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The way the EU deals with debt crisis that may pull the EU down
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Democratic deficit
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Loss of direct control of political decisions by the people
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EC
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First to expand beyond economics; Limited by disagreement among nations and worrying over weakening of national governments
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Economic liberalism
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Favors open and free markets and protecting national economic interests
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Enlargement fatigue
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A decline in support for supranational organizations
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European Central Bank
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Supranational authority to influence economic policy
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European Constitution
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Streamlines decision making and member states ineractions
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European parliament
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Proposes amendments to Constitution
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European Monetary Union
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Power to set basic interest rates and other fiscal properties
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EU
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Formed from Maastricht; Supranational organization gave more authority and coordination with the economy
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Farm subsidies
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Guarantees of selling goods at high prices
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Free movement
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easy transition of European Union citizens and Non-Eu nationals throughout the union
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Lisbon Treaty
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Attempted to consolidate previous treaties that were still enforced
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Maastricht Treaty
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Created the EU; Major change lay with the single currency system
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"three pillars"
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Trade and other economic matters; justice and home affairs; common foreign and security policy
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Treaty of Amsterdam
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Greater emphasis on individual rights; modified Maastricht treaty
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