5A RIM Assignment on 15th December 2020

The Economic and Monetary Union (EMU) 

Take your notes in your English notebook in the section dedicated to the European Union.

1) Surf the Web and carry out some research into European Monetary System (EMS). 
  • Who proposed the EMS?
  • When was it launched?
  • When did it end?
  • Why was it designed?
2) Watch a clip about the Economic and Monetary Union (EMU). What do these figures and dates refer to?
  • 1992
  • 4
  • 1999
  • 2002

3) Answer the following questions.

According to the video,

1. what treaty introduced the EMU?
2. what are the four criteria which the countries have to meet in order to adopt the Euro?
3. how many countries have adopted the euro as their currency so far?
4. what is an advantage to the introduction of the Euro?

Watch the video again and check.

4) Check your answers here.

5) Study your notes and prepare a short oral presentation (2 minutes) on the European monetary union. Include these points

1 what the monetary union is

2 the criteria which the countries have to meet in order to adopt the Euro

3 the pros and cons of European monetary union

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