European Union

Four Freedoms

  1. Freedom of Goods - No barriers to moving goods

  2. Freedom of Capital - You could move money around freely

  3. Freedom of Services - Lawyers and Rules and Government are the same

  4. Freedom of European Citizens - Can move freely between countries

Future Plan

  • 5 Presidents of the EU want the Eurozone to become one big country.

  • One Flag, one national anthem, one Head of State, one army, one people.

  • They hope to achieve this by 2025.

  • The United States would no longer be the top country

Capital: Brussels

Type of Government: Parliamentary

  • Based on Proportional Representation

  • Regulates a majority of trade and operations ( Agricultural )

  • Does not control a centralized military

Predecessor

  • Originally just traded Coal & Steel

  • Great Britain didn't want to be a part of the


Brexit

Pros

Cons

Britain retains Sovereignty

    • Diminishes Britain's impact on Europe

    • Could cause collapse of the EU

Can deny entry to Britain

European immigration ( into EU ) more difficult

Opens Jobs for British People

Immigrants improve Economy

Saves 8.5 Billion Pounds

Make Separate Treaties ( Norwegian Compromise )

    • Disaster: High Tariffs = Loss of Business

    • Loss of 50% of Income

Could provide safety from potential threats of immigration

UKIP - United Kingdom Independent Party ( Pro - Brexit )