Which of the Following Is Responsible for Proposing European Union

question 24

Multiple Choice

Which of the following is responsible for proposing European Union legislation,implementing it,and monitoring compliance with European Union laws by member-states?

• A)Council of the European Union
• B)European Commission
• C)European Parliament
• D)Court of Justice
• E)European Community

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Definitions:

Net Exports

The value of a country’s total exports minus its total imports, which can indicate the country’s economic strength in international trade.

Interest Rates

The percentage at which interest is charged or paid for the use of money.

Federal Reserve System

The Federal Reserve System, which is the main banking authority in the U.S., oversees monetary policy.

Elastic Currency

A currency system that can expand or contract in supply in response to economic needs, often managed by a central banking authority.