D271 ch 1

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26 Terms

1
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Unified Europe

It is a common theme throughout European history to have a unified Europe

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One predomiannt objective of political integration for Europe

Keep peace among nations

  • Achieved through economic and political unity


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The European Union

Very close to a political union, but NOT a poltiical union


Peace has been maintained in it longer than any other region of the world


Considered the most advanced form of economic regional integration in the world


Third Largest economy


World’s largest trading partner


Provides assistance to develop businesses (housing, funding, education)

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The EU Market

Members created a SINGLE market that drives Europe, fostering competition while balancing social ideals


This market gives opportunity to those who can navigate convergence


Competitors must stay in touch with citizens and balance social welfare

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European ideals regarding welfare

EU citizens strongly believe it’s important to help others and create a better society


They like the employment and stability and the R&D emphasis

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Feeling European

There is a divide among the EU where some countries’ citizens feel they are European while others exclusively identify with their nationality

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EU Priorities in the next five year

Employment and stability are firsts

Research and development are second

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European roots

Rooted in Greek and Latin


Europa is the name of a kidnapped daughter of a king, and coincidentally happens to be the name of Europe in many languages

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European Flag

12 golden stars represent the ideal harmony between the people fo Europe

  • In Greece, 12 stands for harmony


The flag has remained the same

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European Anthem

Called the Hymn of Joy


Composed by Beethoven


Has no words

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Europe Day

The day Robert Shuman declared his proposal for a organized Europe

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The Euro

IS a symbol of the EU and its unity


Common currency of the EU


Managed by the Central European Bank

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Globalization

The compression of space and time between parties in the international environment

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Europeanization two Meanings

The process of economies and policies integrating in the EU

  • Measured via EU internal and external trde comapred to non-EU countries


Organizations reflecting the diversity of markets and cultures

Orgnizations reflecitng diverisyt within their operations


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Multinational and Transnational firms

Multinatioal corporations are corps with substaintal foreign investemnt


Transnational companies is the preferred name for the UN

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Small and medium sized enterprises make up?

The majority of the European business environment (99%!!!)

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SME requirments

Less than 250 employees

Less then 43 million euros in assets

Less than 10 million euros in turnover

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European Employee Participation directives

Depend on the number of employees at a business

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European business environemnt struggle

National interests and the world’s interests

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Advantages of Europe

Cost base

Taxation levels

Availability of skilled lbor

Link between acadamia and coproate busnesses

Internationaliazation opporutnities of prodycts and services

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Laying people off in the EU

They are required to pay the government 80% of the laid off person’s salary


In Sweden, the companies are required to provide apprenticeship programs so it’s easy to get a job if you get laid off

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When the UK left the EU

It took a very long time before they could officially leave because they had to integrate new policies and border security

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When the EU negotiates, why do they have a lot of economic power

Because even though they consist of 27 countries they negotiate as one unit

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Young EU citizens like

Freedom of movement

Cohesion and multiculturalism


In fact, very few young people have negative feelings about the EU

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Some Eu citizens worry about

Loss of individual culture

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Why did UK leave (Brexit, meaning Britain’s exit)

Boris Johnson emphasized multiple reasons to get citizens of UK to want to leave

  • UK was giving a lot of money to EU that they could use for medical purposes (Literally had busses with advertisements driving around the country i.e. Brexit Busses)

  • EU allowed a bunch of Middle Eastern people to come into their countries, and UK claimed the immigrants would take jobs


The UK also used targeted media to make sure citizens would receive content that criticized UK in the EU