The economies of each country were in dire situation

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The economies of each country were in dire situation, and there were constant threats that compromised world security. EU provided for more feasible trade and better collective security. Some members refused to join, producing unseen problems in trade and economy. The EU now stands as one of the most successful supranational body. However, it still does not have a standing army. Forming of another house for the Ministers Another body of legislature was formed for the ministers of each countries, so that the leaders would have voices in the European Union The European Council had a great power in deciding on the resolutions, but the leaders of each nation did not. Even though the Ministers were given grounds to have a say on the resolution, their powers were still not as respected. The powers of ministers were expanded, and the board of ministers serves to overview a resolution draft. National referendum of Great Britain on the EU membership During the past years, Great Britain showed skepticism towards the efficiency of EU membership. The Prime Minister proposed a national referendum. The EU membership requires certain fee, yet there are no tangible benefits that are exclusive to the members of the EU. There is no certainty on the value of Euro after Great Britain drops out of the European Union, and the trade may be affected. It is yet unknown. Outline the economic changes that have occurred in the state. Add rows in needed. Situation Components Promoting Factor Inhibiting Factors Consequences The Marshall Plan After World War, United States started to provide for rebuilding of many European Unions. Some say that the Marshall Plan paved the way for the European Union. The Soviet Union had its own satellite nations, and the United States economically struggled. European Union was formed, and many European countries became democratic. Rising of the value of Euro After the European Union became settled, the value of Euro started to rise as many European Unions formed efficient trade partnership among the nations of the European The rising of the value of Euro
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