Wednesday, February 18, 2015

Geo questions on EU stuff

1) How do people in your country feel about EU membership?
We are helped by EU membership, and enjoy it

2) How might future expansion affect the economies of your country?
It could hurt the economy of my country because non-stable countries would be a drain of funds, and the spreading of the euro could lead to inflation, as we would need to print more to give to new countries

3) What potential problems face nations who want to adopt the euro??
The Euro is in decline, but it is stronger than most currency, so in the short run, it would be a good thing.

4) What political or cultural issues might arise because of the EU expansion?
the areas being thought to bring in have been known to cause conflicts with each other (Albania and Serbia have a long conflict after the dissolving of Yugoslavia) and could be a major drain on resources, as the areas would need to be updated to any actual use to the Union

5) What did you learn about other countries through their presentations (list two distinct and detailed things).
I learned that the Albanian government is EXTREMELY corrupt, so much in fact that the 2012 president was actually part of the organized crime syndicate of the area. This would be a major problem, as the 'mobsters' would be able to move more freely through Europe since passports are only needed at the first country entered.
Another thing, is that Romania does not yet have the Euro, and are trying desperately to get it. This could stretch the Euro even thinner, as the money would need to be given to the area, and likely we would need to print more, which would cause inflation. Also, if we were to give the country the euro, the organized crime might be able to make counterfeit, and that would cause more inflation.

No comments:

Post a Comment