Flashcards: European Union Global Power and Influence — 24 cards

Treaty of Rome — founding treaty?

Established the European Economic Community in 1957.

European Union — origins?

Started in 1957 with the Treaty of Rome.

EU economic power — sectors?

Strong in agriculture, industry, and aerospace.

EU's largest export?

Agricultural products and high-value goods.

Key EU multinational — example?

Airbus, Renault, LVMH.

EU trade agreements — number?

FTAs with 42 countries.

Euro — introduced?

In circulation since 2002.

Euro — share of reserves?

Represents 20% of global currency reserves.

EU soft power — channels?

Culture, tourism, human rights.

Most visited EU country?

France, with 100 million visitors.

EU ports — major?

Rotterdam, Antwerp, Hamburg.

EU's global city — example?

Paris, Geneva, Amsterdam.

EU military — nuclear?

France possesses nuclear weapons.

EU's UN Security Council seat?

Held by France, inherited by the EU.

EU demographic trend?

Aging population, low fertility rates.

EU GDP share — 1980?

Nearly 30% of world GDP.

EU GDP share — 2025?

14% of world GDP.

EU's main challenge?

Economic and demographic decline.

Brexit impact?

Lost UK contributions, London’s influence.

EU security dependency?

Dependent on NATO and US support.

EU internal divisions?

Political, economic, and social disagreements.

EU's industrial strength?

Aerospace, automotive, finance, tech.

EU's energy sources?

Renewables, nuclear, wind, solar.

EU's transport network?

Multimodal ports, train, highway links.