Benefits and Challenges of EU membership for Ireland (Leaving Cert Business): Flashcards
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Year Ireland joined the EU
Year Ireland joined the EU
1973
What the EU single market allows free movement of
What the EU single market allows free movement of
Goods, services, workers, and capital
What CAP stands for
What CAP stands for
Common Agricultural Policy
Size of EU consumer market
Size of EU consumer market
Over 500 million consumers
Who sets Ireland's interest rates as EU member
Who sets Ireland's interest rates as EU member
European Central Bank (ECB)
Definition of bureaucracy
Definition of bureaucracy
Decisions by state officials not govt; complex admin procedures
People commuting across NI border daily
People commuting across NI border daily
30,000 people
Two EU structural funds Ireland receives
Two EU structural funds Ireland receives
European Regional Dev Fund & European Cohesion Fund
Renewable energy resources Ireland can develop via EU policy
Renewable energy resources Ireland can develop via EU policy
Wind and wave power
Risk of EU corporate tax harmonisation for Ireland
Risk of EU corporate tax harmonisation for Ireland
May lose multinationals if forced to raise tax rates