Trade and the EU (Leaving Cert Geography): Flashcards

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Trade and the EU
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Largest trading bloc globally

European Union (EU)

EU's % of world trade in goods

Over 15%

Number of EU member states

27

4 freedoms of EU Single Market

Goods, services, people, capital

Ireland's top 3 EU trading partners

Germany, France, Netherlands

Ireland's main exports to EU

Pharmaceuticals, dairy, beef, ICT products

CETA agreement partner country

Canada

CAP stands for

Common Agricultural Policy

CAP annual spending

€42 billion

CAP Amber Box subsidies

Production-linked payments

CAP Green Box subsidies

Environmental payments

CFP stands for

Common Fisheries Policy

CFP quota system name

Total Allowable Catches (TACs)

ERDF funds

Infrastructure (roads, telecom, research)

EU Single Market population size

Over 400 million people

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