POL 103 Study Guide - Final Guide: European Atomic Energy Community, Dalit, Mixed Economy

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Document Summary

Pol 103 regulation, (coercion, forces everyone to obey), directive (laws that are given out for the nation states however they can be implemented by national governments, but room for maneuver), guideline (recommendations, transfer of best practice") Transferring some power that lies with the national government to the supernation, international trade negotiations (one trade commissioner represents eu as a whole) eu speaks as one voice in trade issues. Monetary policy (european central bank) one of the core issues in democracy is the ability to vote on budgets, and the ability to issue your own currency is a hallmark of noting a central government. European single market (freedom of movement for people, goods & services, capital) (difference is that. Nafta does not permit for the movement of people) Common agricultural policy (the eu pays agricultural subsidies to farmers, 50% of eu budgets) Structural funds (rich countries redistributing money to poorer/ developing countries)