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Virginia Tech - GEOG 1014 - Class Notes - Week 3

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Virginia Tech - GEOG 1014 - Class Notes - Week 3

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background image Orgs #3 Video Quiz
3.7 EU: European Union
Mack daddy of all trade blocks Most successful economic/political organization of states in modern 
times, if not all time
Challenging the nature of the nation state   The biggest entity from a trade block  So big, so complex and has evolved into so much more is why Boyer 
waited towards the end 
TRADE BLOCK; hard to see that in this world because it is so much 
more 
o Biggest strength is trade block 27 states in its membership o economic juggernaut 
o GDP of $16-$17 trillion
Took all member states economies and put them together- 
biggest economy on the planet 
Bigger than the US GDP The EU is becoming the united states of Europe  Why Europe? o War World war 1 and 2 A thousand other wars This area has always destroyed itself with conflict in the 
past 
It took the death and destruction of the 20 th  century to put  a cap on it World war 1 leveled Europe World war 2 made people realize we couldn’t survive a 
world war 3 
Europe thought “how can we not do this again? Treaties 
don’t work”
SOLUTION: economically bind yourself together- form a 
union 
It will cost both parties economically to fight each 
other
This has worked out pretty well for them World war 2 ended in 1945 o Europe was level and destroyed
o The continent needed to be rebuild
o You need energy (steel and coal)
o ECSC in 1951 (European coal and steel community) 
background image Based kind of on trade; more of an economic union to 
control the crucial resources and want countries to work 
together to regulate the resources
Original 6: “the European core” France, Germany, Italy, Belgium, Netherlands, 
Luxembourg 
Continental core of power Evolved over time  Atomic energy was later created  1957: merged ECSC with Atomic Energy Agency  Then wanted to open up borders for trade and 
lowering tariffs and lowering trade barriers
o This is when they then made the EEC in 1957 European economic community; or 
European community 
Kept getting bigger and bigger 1993: changed name to EU  o Intent to create common currency 
o Common economic policy 
o Political union; built a parliament for the entire continent as a 
legislative body  o Common military procedures  Started as free trade union, economic union, free trade pact, and 
merged into a whole lot more
o More and more countries wanted in on it  Why is the EU still growing? o More money: when you lower tariffs and increase trade, you get  rich fast (2007) o  Luxemburg and Portugal are poor and wanted in  Why do the rich countries want to stay in? o Germany is number 4 economy now; was number 3 now
o France and the UK are top 10 
o They all want to get richer too AND they could not compete with 
the US alone The EU is the single biggest economy on Earth an does compete with 
the US, China, and Japan
EU has o Free movement of goods and services
o No tariffs 
o Free movement of labor and people (BIG UNIQUE THING)
Phased out passports  New take on supranational organizations  4 more are trying to get in off of the list and 4 more are trying to get in 
on the waiting list 
background image There is integration of all levels of European society under this 
umbrella; it’s not just trade anymore
Starting to look like a united states of Europe  o They have their own constitution 
o Singular government with a singular Parliament which passes 
laws  o Single court system
o Single human rights
o Bill of rights 
o Singular environmental policy 
o Singular agriculture policy 
o Singular energy policy
o Singular infrastructure policy 
o Singular monetary unit: The Euro
o Working on a singular defense policy 
o Working under a single foreign policy: it still has a long way to go 
EU is a single, individual entity on its own o Has a seat at the WTO, UN, G-20 The government body at the EU has the ability to: o Negotiate international treaties
o Foreign policy 
EU has a stabilizing a peaceful influence on Europe (hasn’t been a war 
since)
Politically challenging the modern statehood  EU is the model for the world The world is following it  o ASEAN, MURCOUSOR, African union, SCO  NAFTA still stands alone saying hell no we aren’t doing that  International politics and international economies  EUsed to it  3.8 EEU: Eurasian Economic Union  Back in time to establish the Soviet Union Eurasia: spanning from Europe to Asia  o Russia in middle 
o Russian device to form an economic union possibly fiscally, 
militarily, and politically Kind of new Real life action on January 1 st , 2015 politically and economically  In movement and will affect the events of the 21 st  century  Economic union about free trade and promoting trade across borders Established by treating in May 2014 3 countries: Belarus, Kazakhstan, and Russia 

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School: Virginia Polytechnic Institute and State University
Department: Geography
Course: World Regions
Professor: John Boyer
Term: Fall 2016
Tags:
Name: Week 3: World Regions
Description: Video lecture notes for week 3
Uploaded: 02/19/2017
8 Pages 56 Views 44 Unlocks
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