Quick Answer: Which Of The Following Institutions Has A Monopoly In Proposing European Union Legislation?

Which institution has a monopoly in proposing European Union legislation?

As a rule, the Commission has a monopoly on the initiative in EU law-making (Article 17(2) TEU). It draws up proposed acts to be adopted by the two decision-making institutions, Parliament and the Council.

Which of the following is responsible for proposing European Union legislation?

Generally it is the European Commission that proposes new laws and the European Parliament and the Council that adopt them.

Which of the following was a change proposed by the Single European Act?

Reduce costs directly by not allowing lower-cost suppliers into national economiesThe purpose of the Single European Act was to have one market in place by December 31, 1992. The act proposed to apply the principle of “mutual recognition” to product standards.

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Which EU institution which meets in Strasbourg France is primarily a consultative rather than legislative body?

The European Parliament, which meets in Strasbourg, France, is primarily a legislative rather than consultative body. By adopting the euro, the European Union has created the second most widely traded currency in the world after that of the U.S. dollar.

What were two expected results of the Single European Act?

What were two expected results of the Single European Act? give EC firms additional opportunities for economies of scale.

What are two aspects of Nafta?

Highlights of NAFTA included:

  • Tariff elimination for qualifying products.
  • Elimination of nontariff barriers by 2008.
  • Establishment of standards.
  • Supplemental agreements.
  • Tariff reduction for motor vehicles and auto parts and automobile rules of origin.
  • Expanded telecommunications trade.

Can the European Parliament propose legislation?

A Member of the European Parliament, working in one of the parliamentary committees, draws up a report on a proposal for a ‘ legislative text’ presented by the European Commission, the only institution empowered to initiate legislation.

Is responsible for proposing EU legislation implementing it?

The European Parliament is responsible for proposing European Union ( EU ) legislation, implementing it, and monitoring compliance with EU laws by member-states.

Who creates EU law?

The European Commission (the EU’s civil service) is responsible for drafting and proposing legislation.

What was the Single European Act main objective?

The SEA’s main purpose was to set a deadline for the creation of a full single market by 1992. It also created deeper integration by making it easier to pass laws, strengthening the EU Parliament and laying the basis for a European foreign policy.

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What were the most important provisions of the Single European Act?

The SEA expanded the European Parliament’s powers to include a veto over the admittance of new member states and over agreements made with associated states. It also established the direct election of the parliament’s members.

What was the EU called in 1987?

Single European Act
Location Luxembourg, Luxembourg The Hague, Netherlands
Effective 1 July 1987
Parties EU member states
Depositary Government of Italy

Which of the following is a benefit of adopting the euro?

A benefit of adopting the euro as a common currency is that it: makes it easier to compare prices across Europe. A key advantage of adopting the euro is that it: lowers foreign exchange and hedging costs in Europe.

How did the Treaty of Rome affect trade quizlet?

Three Latin American countries enter into an agreement to remove all tariffs and trade barriers between them. How did the Treaty of Rome affect trade? It committed the European Economic Community to establish common policies in agriculture and transportation.

Why did Britain Denmark and Sweden stay out of the euro zone?

reluctance to be considered an optimal currency areaThe implied loss of national sovereignty to the European Central Bank (ECB) underlies the decision by Great Britain, Denmark, and Sweden to stay out of the euro zone.

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