GEOG 1014 Lecture Notes - Lecture 10: Warsaw Pact, Shanghai Cooperation Organisation, Eurasian Economic Union
Document Summary
It has 27 states and gdp is -17 trillion, which is the biggest. Professor calls it the united states of europe. Everyone realized they would not survive a wwiii. In 1951-1952, europe was destroyed from the world wars. European coal and steel community was formed to control and regulate the coal and steel resources for rebuilding europe. The original six of the ecsc were: france, germany, italy, belgium, netherlands, and luxembourg. In 1957, the ecsc merged with the atomic energy agency and talk started about opening up trade. The eu is still growing because of more money. The rich countries want to stay in the eu because they want to continue to get richer and their economies are more competitive when grouped together as a unit. It has a free movement of goods and services, there are virtually no tariffs, and there is also a free movement of labor and people between the member states.