Which Were the Three Areas That Were Targeted by the Treaty

question 8

Essay

Which were the three areas that were targeted by the Treaty of Maastricht that led to the transformation of the European Union into a real economic union?

---

Definitions:

Budgets

Financial plans that estimate revenue and expenses over a specified future period, guiding spending and investment decisions.

Merchandise Purchases Budget

A financial plan outlining the projected purchases of merchandise for resale over a certain period, considering expected sales and inventory levels.

Required Purchases

Required purchases are the amount of goods a company needs to buy in order to meet its sales demand and maintain its inventory at a desired level.

Potential Bottlenecks

Points within a process or system that slow down the overall operation due to limited capacity or resources.