EU

Description

GCSE GCSE Business Mind Map on EU, created by JThornton on 13/05/2013.
JThornton
Mind Map by JThornton, updated more than 1 year ago
JThornton
Created by JThornton almost 11 years ago
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Resource summary

EU
  1. advantages
    1. Guaranteed trade within the EU trading bloc. No tariffs or trade barriers. EU is gaining on the dollar, and will probably override NAFTA and other American preferential trade Agreements.
    2. disadvantages
      1. High costs of operating a business. The EU is generally a lest competitive place to start a business because of the high labour costs and welfare policies. Generally the EU is home to the higher-end of the service sector jobs, rather than factory, etc.
      2. The European Union is an economic and political union of 27 member states that are located primarily in Europe.
        1. Founded: November 1, 1993
          1. Founders: Konrad Adenauer, Joseph Bech, Johan Willem Beyen, More
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