Preview

individual report

Better Essays
Open Document
Open Document
1558 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
individual report
Individual reflection on group Work
Name: Rashad Mohammed
Student ID: 10023685
1 Reflections on the case analysed by the group

Our group project is about the trade and business relationship between the EU and Saudi Arabia.
We have covered the following topic:

1. The Introduction in European Union
2. European business union and its advantage and disadvantage
3. The European Union trade agreements and its link the Saudi Arabia
4. The relation between members of European Union and Saudi Arabia
5. The European Union tackling unfair trade
6. The European Union legislative

The European union is formed after the ratification of the Maastricht treaty by members of the European community, by this the economic and political union was established during 1993,later on it expanded and started to involve various central and eastern European nations. The political scope of European economic-community was increased by the establishment of the European Union especially in areas like security policy. It also resulted in the establishment of a central European bank and invention and adoption of a single currency called the Euro.

History:
The end of World War II, the democratic European nation leader realized the need of a governing body which would lay rules and cooperation on all level and to set economic policy throughout the complete region.

-1948, the first signs of cooperation was implemented; France, U.K, and three other countries formed the west European Union.
-1950, three important treaties were signed that indicated the starting of European Union.
-1957, 1958s, The European economic-community was brought into and a second treaty was signed for the (EURATOM). These two treaties were know was the treaties of Rome.
-1967, the title European community started being used to describe the independent, new institution which was created to look after the ECSC, EEC AND Euratom.
-1967, the growth period of European Union came to an end.
-1980,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Tco 3

    • 756 Words
    • 4 Pages

    6. (TCO 3) The European Union created a single monetary unit to replace the national currencies of twelve member nations. This common currency is known as the: (Points : 1)…

    • 756 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    To the most important economic programs at the time where the ECSC, or the European coal and steel community, and the EEC, or the common market. The brainchild of French economic advisor Monnet and French Premier Robert Schumann, that ECSC abolished tariffs in the coal and steel industries. This program revitalized the coal and steel industries in Europe, and following a similar program of tariff elimination, the common market was created through the signing of the Treaty of Rome. More economic integration was achieved through the Treaty of Maastricht, which established the European Union and made the Euro standard currency in many countries.…

    • 346 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Geog 3

    • 1507 Words
    • 4 Pages

    The introduction of a social and economic grouping is often to create a single market, such as was the case with the EU and NAFTA. The European Union is an economic and political union of 27 member states which are located in Europe – its roots are with the EEC which was formed in 1957. The European Union was fully established when the Maastricht Treaty came into force on 1st November 1993. The original objective of the EU was to create such single market, so that there was the free circulation of goods, capital, people and services within it. The integration of the economies was largely thanks to the introduction of the Euro in 1999. It helps to build a single market by easing trade and travel by eliminating issues of exchange rate. The single market is eased in to existence by the creation of a customs union with a common external tariff on all goods entering the market. The free trade that takes place within this bloc can often increase competition creating more businesses and reasonable prices, or they can offer subsidies to assist in the development of a particular sector, such as in the Common Agricultural Policy. NAFTA is a further example that is solely a trading bloc, between Canada, the USA and Mexico. Trade between NAFTAS members tripled between 1993 and 2007 ($306 billion to $930 billion).…

    • 1507 Words
    • 4 Pages
    Better Essays
  • Good Essays

    ap euro

    • 527 Words
    • 3 Pages

    When Germany and Japan were defeated, new positions of leadership were available. The Soviet Union quickly moved in to capture Germany and Eastern Europe. China, France, and Great Britain were too weak to continue in the war, leaving the United States and the Soviet Union to butt heads. These allies were determined not to repeat the mistakes of World War I, in which the countries failed to set up an organization to enforce world peace. The United Nations was born. It was a “declaration on liberated Europe” which was ultimately a pledge in which liberated nations could create “democratic institutions of their own choice”. The EU still stands strong today and maintains international peace. Although at this time, new tensions began to surface between the United States and the Soviet Union. The struggle for the end of that totalitarian regime started what we call the Cold War. Several small wars broke out and it was questionable if this power struggle would ever end.…

    • 527 Words
    • 3 Pages
    Good Essays
  • Good Essays

    One of the most prominent and powerful economic groupings is the European Union (EU), originally founded as a trade union between 6 European countries including West Germany, France and Italy to improve trade links for coal, iron ore and other natural resources need to fuel repair and redevelopment of urban areas after WW2. Since its conception, the majority of western European countries have joined the EU which has now grown to integrate the countries beyond the trade of natural resources.…

    • 1027 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The European Community was established in 1957 with the primary objective of economic integration. Four fundamental rights- free movement of workers, goods, services and capital- were created to remove border impediments to trade, such as tariffs and quotas. Economic integration allows for increased competition through the elimination of restrictions to trade and the efficient allocation of resources.…

    • 5212 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    According to Native Americans In The United States (Oct. 2008), “Since the end of the 15th century, the migration of Europeans to the Americas, and their importation of African’s as slaves, has led to centuries of conflict and adjustment between societies ” (para. 2). The European Union was designed for a purpose of ending the injured from fights amongst neighbors, which occurred in the Second World War. The European Coal and Steel Community began to come together as of 1950. European countries worked hard towards economic and political order to protect peace and happiness. The History Of The European Union (n.d) website states the EU’s founding fathers were citizens that boasted themselves on similar appeals for a peaceful, united and prosperous Europe. Others have worked tirelessly towards The European Project as well. In the 1960’s the youth culture broadened the generation gaps and created a cultural revoultion. It was a good time in the economy; joint control over food production, and there is even surplus agricultural produce to ensure every person has enough to eat.…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Notes Chapter 21 WWI

    • 1301 Words
    • 4 Pages

    European Union: The final step in a series of arrangements to increase cooperation between European states in the wake of World War II; the EU was formally established in 1994, and twelve of its members adopted a common currency in 2002.…

    • 1301 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Fake Essay

    • 1886 Words
    • 8 Pages

    In the aftermath of World War II in 1951 ‘The European steel and coal community’ was set up to run heavy coal and steel industries within Europe under common management. Six founding countries, Belgium, France, Germany, Luxembourg, Italy, and the Netherlands were part of this treaty. In 1957 the treaty of Rome was signed as the six founding countries expanded to other economic sectors and as a result of this trade could move freely across the union. Many other European countries began to join the union and a common currency was introduced known as the Euro. This was a huge development in the Economy and aided Economic growth within Europe as the member countries freely traded with each other and shared infrastructure. The shared currency also ended currency speculation and created a much more stable currency zone which was essential for the evolvement of the European Economy post World War II and today the EU is the largest economic body in the world.(Smyth, 2012)…

    • 1886 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    The European Union came into existence on March 25, 1957 at the conclusion of the Treaty of Rome. The main objective of this Treaty was to promote an harmonious development of economic activities, an accelerated raising of standard of living and closer relations between the states belonging to it.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The European Union was formally established when the Maastricht Treaty—whose main architects were Helmut Kohl and François Mitterrand—came into force on 1 November 1993, and in 1995 Austria, Finland and Sweden joined the newly established EU. In 2002, euro notes and coins replaced national currencies in 12 of the member states. Since then, the euro zone has increased to encompass 17 countries. In 2004, the EU saw its biggest enlargement to date when Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia joined the Union.…

    • 2708 Words
    • 11 Pages
    Better Essays
  • Better Essays

    1955 saw the start of the Western European Union and talks began at Messina about a European Economic Community, the EEC. Britain maintained a strong opinion when referring to Europe and the EEC. This being scepticism, Britain didn’t take these plans very seriously. Such feelings were clearly displayed, when Britain didn’t even send an Ambassador to the Messina Conference. Instead, in keeping with their, thus far sceptical approach, only an observer was sent on the British behalf, rather than Foreign Sectary of State Harold MacMillan. Britain’s feelings hadn’t changed by 1957 when the Treaty of Rome, which created the EEC, which was signed by the six. Italy, France, Western Germany and the Benelux countries, but not by Britain.…

    • 1541 Words
    • 7 Pages
    Better Essays
  • Better Essays

    The European Union was formed in February 1992 with the signing of the Maastricht Treaty. It consist of originally twelve members – Belgium, Denmark, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, United Kingdom, and Germany. Those twelve members originally formed the European Union until 1995 when three other countries joined the Union – Austria, Finland, and Sweden. The European Union currently is formed of twenty-five members with the ten new members – Cyprus, Malta, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia being added in 2004. In 2007 two other countries (Romania and Bulgaria) could join the European Union. European Union covers a mass majority of the Europe and the current Union membership covers a population base of nearly half a billion people. In 1992 the European Union decided to go for economic and monetary union, involving the introduction of a single European currency managed by a European Central Bank. The single currency, the euro, became a reality in January of 2002, when euro notes and coins replaced national currencies in twelve of the 15 countries of the European Union (Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland). (Europa)…

    • 1096 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    The aim of this presentation is to demonstrate how the European Union Impacts the English legal system and goes on to identify the advantages and drawbacks of the Judicial Precedent.…

    • 800 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    was formally established by the Treaty of Paris (1951), which was signed by Belgium, France,…

    • 16289 Words
    • 63 Pages
    Powerful Essays

Related Topics