European Union The European Union was created in 1958 providing interregional switch barriers, a common external tariff against other countries, a Common Agricultural Policy and guarantees of free movement of advertise and capital. The EU is formerly c all in alled the European Community, and became kn consume as the EU in January of 1994. The EU currently consist of 15 countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, UK) that all have adopted the same coin known as the Euro. The near future of the EU shows expansion by adding countries from grey and Eastern European Countries.
The advantages and disadvantages of joining the EU are actually interesting, and seem to benefit countries more than harm most of them. The premiere advantage of joining the EU would is that each member has their own financials systems, but share the same currency, the Euro. With a single currency price comparisons do not exists, ...If you want to get a full essay, order it on our website:
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