FINAL STUDY GUIDE CPO3101 Three types of economic policy: I. REGULATORY- concerned with the protection of "public interest" and they are meant to be used as market failure
Redistribution- one group benefits over another. Money taken from the rich and give
EUROPEAN UNION EXAM 1 NOTES
European Union- a state or a political system?
A political system, but has characteristics of a state. EU has a lot of control over policies, but
they are not a dictatorship.
The characteristics of a state are: hold legal sover
People to Know
Schuman- was a noted Luxembourgish-born French statesman. Schuman was a Christian
Democrat (M.R.P.) and an independent political thinker and activist. Twice Prime Minister of
France, a reformist Minister of Finance and a Foreign Minister, h