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Is the European Union weak?

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The European Union is a political and economic organization. It brings together 25 states, representing 455 million inhabitants and covers an area of 4 million sq km. This set should not be confused with Europe in general. It is possible to ask a series of questions about the integration of the European Union in the global economic space. Is the European Union an economic powerhouse? What are the aspects of this power and its possible limitations? It should also analyze its political influence because the EU wants to be perceived as a major player on the international political scene. Indeed since the establishment of the EEC, there is a hidden desire to master an economic power, the desire to see the EU becoming a great power in politics. What then, is the current policy position of the EU? Is it an operative political power?

With a combined annual GDP greater than 70 000 billion, the European Union is far ahead than the United States and is now the most powerful economic space and the first economic zone in the world. The European Union comes as a clear lead for the value of industrial production.
It carries 20% of the world's steel. The European chemical industry is the first in the world. But the industry is being rebuilt. In some cases,this restructuring through relocation to countries where labor is cheaper and less protected should be looked at from a social point of view. There in the EU transnational companies (Renault, Danone, Daimler) of large European groups that play a major role (Arcelor (steel), EADS (Space, Aeronautical and Armament), Altadis (tobacco).

The European Union is the second largest in the world with its crop production. Releases of large surpluses for export, which puts it in competition with the United States. This competition subsidized agriculture production in developing countries. Productivist logic has its limitations (cost of subsidies, surplus, pollution) that explain the reorientation of the common agricultural policy. An industrial agriculture is an agricultural production maximum, the highest yields, which implies a high degree of mechanization and heavy use of fertilizers and chemical treatments.

Tags: European Union; current policy position of the EU; economic power;analysis of political influence;

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