Explain the European Union.

1.	Explain the European Union.
Answer» It is an institution of 27 European countries. It was founded in 1922 as per the agreement of Matrich among the member countries. It provides for common market, common currency and common agriculture and trade policy. The following are the subdivision of this organization. 1) Committee 2) Commission 3) European Parliament 4) European Court of Justice. The European Union resembles a federal government structure. As the founders asserted this strives for international peace and democracy in the world. This seems to be the continuation of earlier European Economic Community (EEC). The members states have given away some of their sovereign powers to the union willingly.

Answer»

It is an institution of 27 European countries. It was founded in 1922 as per the agreement of Matrich among the member countries. It provides for common market, common currency and common agriculture and trade policy.

The following are the subdivision of this organization.

1) Committee

2) Commission

3) European Parliament

4) European Court of Justice.

The European Union resembles a federal government structure. As the founders asserted this strives for international peace and democracy in the world. This seems to be the continuation of earlier European Economic Community (EEC). The members states have given away some of their sovereign powers to the union willingly.

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