EU Questions-

Distinguish between supranationalism and intergovernmentalism

Some facets of sovereignty are given up to a higher authority in supranationalism. The goal
of intergovernmentalism is for various governments to cooperate without giving up any
sovereignty (while still defending their respective national interests). The European Union is
the first and only supranational organization in the world.

What is the significance of the European Commission within the EU?

The Commission suggests new EU laws and policies, oversees their implementation, and
controls the EU budget. It also contributes to the development of the EU's general policy. It
contributes significantly to promoting global development and providing aid.It is solely in
charge of creating new legislative proposals for the EU and carrying out the decisions made
by the EU Council and European Parliament.

Outline and explain two advantages and two disantvantages of the European
Single Currency (the euro).
The following are the advantages and disadvantages -
Advantages-
 The expanded trade is one of the euro's key advantages. By doing away with the
requirement for currency exchange, travel became simpler. More significantly, there
were no longer any currency risks in European commerce. The euro makes it simple
for European businesses to secure the lowest costs from suppliers in other eurozone
nations.
 Cross-border investments within the eurozone are also supported by the euro.
Significant foreign exchange risk exists for investors in nations that use different
currencies, which can result in an ineffective allocation of capital. Exchange rate risks
also exist in stocks, but because of their lower volatility, bonds are significantly more
affected than stocks.
Disadvantages-
 The euro's single monetary policy, which frequently does not correspond with local
economic situations, is by far its biggest flaw. Parts of the EU frequently see strong
growth and low unemployment. Others, on the other hand, have protracted
economic downturns and substantial unemployment.
 The European Exchange Rate Mechanism (ERM), which linked future members of the
eurozone's exchange rates to the German mark, was the euro's initial phase. The
eurozone's largest economy, Germany, has a track record of prudent monetary
policy since World War II.However, linking exchange rates to the German mark might
have tipped the scales in Germany's favor.

Identify and explain three arguments against further european integration.

There is substantial evidence that many face disadvantages on all the key indexes of
integration: legal rights, education, employment, criminal justice, health, living conditions,
and civic participation.National citizens have had less and less direct influence over the
policies that affect them the most, they have expressed their concerns at the only
level at which they are able-the national

How has European Union menbership affected parliamentary sovereignity?

As a result of the United Kingdom's membership in the European Union, the most significant
challenge to parliamentary sovereignty took place. Because EU law is considered to have
precedence over national law in situations where they are conflicting, this is the case.The
European Convention on Human Rights was incorporated into domestic legislation with the
help of the EU membership in the Human Rights Act of 1998. The current state of affairs
does not exactly represent supremacy—parliament can now enact and repeal whatever law
it sees fit, provided it complies with human rights laws.