The European Union

question 30

Multiple Choice

The European Union:

• A)maintained a constant money flow to fund construction on developing nations.
• B)allowed member nations independence in setting refinancing on capital loans.
• C)failed to understand the risks of lending money to developing economies.
• D)created many opportunities for new funding revenue to support pensions and health care.
• E)failed to allow Britain to remain a member due to Britain's minimal economy growth rate.

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Definitions:

Fee

A charge or payment for a service, often imposed by a professional or official body.

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Insurance coverage that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.

Premiums

Payments made by individuals or businesses to insurance companies in exchange for coverage against specified risks.

Deductible

An amount of any loss that is to be paid by the insured.