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Summarise the cases for and against Britain's exit from the European Union. Separate two-part, for and against. Do you support or not support the UK leaving the EU? (700-800 words).

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019
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Related questions

ead The Economist's articles, "Obama to raise trade talk concerns with Merkel."

Do you think the reduction or elimination of tariffs and notariff barriers between the U.S. and the EU through the Trans-Atlantic Trade and Investment Partnership will increase demand for U.S. goods and services in Europe and make european goods and services cheaper for Americans? In the face of a global recession is it wise for nations to begin raising tariffs and increasing subsidies to domestic producers? Why or why not?

Each student replies to instructor’s initial discussion question with a substantive post (minimum 250 words). Your initial post as well as a response to two other classmates initial discussion question should be done by 11:59 PM Central Standard Time (CST) - Sunday evening.

February 9, 2015 3:05 am

Obama to raise trade talk concerns with

Merke

l

Shawn Donnan, World Trade Editor

©AFP

US President Barack Obama is expected to raise concerns about the pace of

trans

-

Atlantic trade

talks with Angela Merkel when the German chancellor visits Washington on Monday with US

officials fretting that supposedly reinvigorated negotiations are instead getting off to a false start.

Following the November appointment of Cecil

ia Malmstrom, the new European trade

commissioner, both sides pledged a “fresh start” to talks over a

Trans

-

Atlantic Trade and

Investment Partnership

, or TTIP, that had been crawling along since beginning in July 2013.

But a senior US official told the Financial Times that Washington was disappointed with the

progress made in last week’s round of formal negotiations, the first since the re

-

launch, and had

decided to press

its case with Ms Merkel on Monday and in European capitals in the coming

weeks.

That frustration was partly in evidence in Brussels last week. “This week‘s round was

constructive, but we do need to see more, further concrete progress ... if we are to turn

this fresh

start into a reality,” the chief US negotiator, Dan Mullaney, told reporters on Friday as the

discussions wrapped up.

The US has in recent months been pressing the European Union to agree to exchange new offers

on the number of tariff

-

free goods

. Many see this as the easier part of the negotiations compared

with the more complex question of easing regulatory barriers to trade across the Atlantic.

Last year the US offered to eliminate tariffs on 88 per cent of goods traded between the two

economie

s, significantly lower than the 96 per cent put forward by the EU. But since then US

officials have been trying to improve their offer while also extracting more from the EU.

Liberalisation of services is another bone of contention for Washington, which is

irked that the

EU has refused to offer a similar package to that negotiated with Canada in a recently concluded

trade agreement.

The decision to raise the issue with Ms Merkel did not reflect any conflict between the German

chancellor and Mr Obama over TT

IP, the official said. Washington remains convinced she

supports the trans

-

Atlantic talks, in spite of

scepticism

among many Germans.

The concerns were instead focused on EU officials and the European Commission, the senior US

official said, and whether officials in Brussels were meeting their leaders’ desire for

more rapid

progress

. David Cameron, the UK’s prime minister, last year called for “rocket boosters” to be

placed und

er the talks.

Two senior EU trade officials on Sunday dismissed the US concerns as “spin” and told the FT

that they hoped to exchange new tariffs and services offers by July.

The EU officials also said that there had been progress in discussions over the i

nclusion of

financial services regulation in TTIP, something the US side has resisted in part because of fears

that it might water down the strict Dodd

-

Franck regulations introduced in the wake of the 2008

crisis.

But the disagreement highlights how tensio

ns remain between both sides despite efforts to make

a fresh start.

European officials have also privately raised concerns that Mr Obama’s administration is more

focused on sealing a 12

-

country Pacific Rim trade agreement now nearing conclusion, the Trans

-

Pacific Partnership, or TPP, than the trans

-

Atlantic one.

Speaking at a security conference in Munich on Saturday, Vice President Joe Biden sought to

placate the EU. “TTIP is not the stepchild to TPP,” the vice president

said

.

“We have not taken our focus off of Europe. We have not decide

d that the future lies in the

Pacific Basin. We are a Pacific power. We will assert that power, and we will remain a Pacific

power. But we are also an Atlantic power.”

2) If you find in your wallet or pocket a suspicious Czech koruna, banknote (probably counterfeited)
 
a. you are a looser. You should destroy it immediately.
 
b. you should present it to the Czech National Bank to check, if it is genuine or not, if it is not genuine. you are a looser. If it is genuine, you will obtain a new one.
 
c. you should pay with it in the nearest shop, otherwise you are a looser
 
d. you should present it to the Ministry of Finance, where the experts of the Financial Analytical Unit determine, if it is genuine or not. If it is not genuine, you are a looser.
 
3) Which type of securities does not exist at all?
 
a. short term securities with the maturity up to one year (often issued by the state, called T-bills)
 
b. long-term securities with the maturity higher than 5 years
 
c. stocks with the maturity shorter than 1 year
 
d. stocks with denomination higher than equivalent of 100,000€
 
4) According to the Czech legislation a mortgage could not be offered by any financial institution to
 
a. finance of anything else than housing
 
b. anybody who is not married
 
c. anybody who is not employed
 
d. anybody who is not adult (18 and older)
 
5) Every owner of a banking or payment account in any bank in the European Union
 
a. has to be an owner of a life insurance contract, too.
 
b. has to sign a special contract with his/her bank to specify conditions under which his/her deposits are insured.
 
c. is insured — better to say: his/her deposits up to specified amount are insured. Recently an equivalent of 100.000 € (in certain cases up to 200.000 €).
 
d. is allowed to have only one account in every EU member state.
 
6) A cheque (or check) is a payment instrument which is:
 
a. legally forbidden to be used in the Czech Republic
 
b. possible to be used by anybody even if he/she does not have any bank account
 
c. known by legislation, but minimally used in the Czech Republic
 
d. widely supported by the Czech banking environment as a modern type of payment instrument.
 
7) A credit institution. which was granted a banking license in One of the EU member states
a. could not run its banking business without a local banking license in another EU member state.
b. could run its banking business without a local banking license, but it has to inform the local central bank or other supervisory body about its intention to do so.
c. could run its banking business without a local banking license for one year only; during that period it has to obtain a banking license.
d. could run its banking business without a local banking license, but it can offer its services to a limited number of clients — recently 100.000 €.
 
8) Any pan-European banking directive of the European Parliament and of the Council
 
a. should be implemented into the local legislation of the EU member states in a given period (normally 18 months).
 
b. is possible to be used as a recommendation only; only regulations are mandatory for all member states.
c. is not implemented or transposed into the local legislation of the EU member states at all: it comes into force either immediately when printed in the Official Journal or in stipulated terms mentioned in the given regulation.
d. should be followed by European banks only; for those active in the EU but with headquarters out of the EU and having only their branches or daughter companies in the EU these regulations could be taken as recommendations.
 
9) The president of the Czech Republic is given by the Constitution (Act. No 1/1993 Coil.) a power
a. to appoint members of the Board of the Czech National Bank.
b. to influence decisions of the members of the central bank Board.
c. to validate appointment of the top management of all commercial banks.
 
d. to appoint only a governor of the Czech National Bank: the other members of the CNB Board a appointed by the governor.
10) The Czech interbank payment system called CERTIS is:
a. solely used for the settlement of large value payments.
b. the real time gross settlement system.
c. the net settlement system.

In your own words, please describe. Please do not copy and paste from Corse Hero. Thanks!

Explain Free-trade zones such as the EU and NAFTA lead double life: They can promote free trade among members, but they pose serious trade obstacles for nonmembers. Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs? L05

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