Match Up These Provisions of the Treaty on European Union

question 7

Multiple Choice

Match up these provisions of the Treaty on European Union (TEU) with the correct Article
-General provisions on the Union's external action and specific provisions on the Common Foreign and Security Policy

• A)Article 1 of this treaty makes it clear that 'The Union shall be founded on the present Treaty and on the Treaty on the Functioning of the European Union (hereinafter referred to as "the Treaties") Those two Treaties shall have the same leg
• B)Articles 21-46 relate to the establishment and operation of a common EU foreign policy
• C)Article 20 allows a number of member states to co-operate in furthering integration in a particular area where other members are blocking full integration
• D)Article 13 establishes the institutions
• E)Article 9 establishes the equality of EU citizens and that every national of a member state shall be a citizen of the Union

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Definitions:

Risk-loving

An inclination to engage in behaviors or decisions that involve exposure to uncertainty, with the potential for higher rewards.

Expected Value

The sum of the payoffs associated with each possible outcome of a situation weighted by its probability of occurring.

Fixed Salary

A pre-determined amount of pay that an employee receives on a regular basis, such as monthly or annually, regardless of performance or hours worked.

Utility

An economic term that represents the satisfaction or pleasure individuals gain from consuming goods or services.