GMS 693 Lecture Notes - Lecture 1: Government Debt, Middle Power, Marshall Plan

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Identify how to communicate with the instructor online: list all the members of the european union, recognize key geographic features of european geography, understand key historical events and treaties that formed the basis for cooperation between. Middle power: italy, austria, benelux countries (luxembourg, netherland, beligum) They have advantages to factors of production or markets for products made by the big 3. Piigs european nations that holds the most amount of sovereign debt and thus influence the issue of whether euro currency will survive the debt crisis or if european nation will return to their old currencies to protect wealth. Europe began rebuilding with the aid program known as the marshall plan. Based on series of treaties and mutual need and trust. This led in 1947, to a frenchman known as jean monnet to envision europe as an integrated federation of political and economic cooperation.

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