One of the Most Controversial Features of the Maastricht Treaty

question 71

Multiple Choice

One of the most controversial features of the Maastricht Treaty is

• A)the lack of ability of individual countries to set their own monetary policies.
• B)increased control of health and safety measures by the European Commission.
• C)the free movement of labor throughout Europe.
• D)the elimination of passport controls in parts of Europe.

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Definitions:

Interest Rate

The proportion of a total amount of money that is levied for borrowing it, usually stated as an annual rate.

Annual Return

The percentage of gain or loss on an investment over a one-year period, taking into account both capital gains and dividends.

Retirement Fund

Financial resources that have been saved and are used to support a person's retirement.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments.