Chapter 17 Answer guidance

Q1) What are the key sources of the EU’s power in trade and development?

See section 17.1

    • Largest concentrations of economic power in the global arena
    • In terms of economic resources, human resources, and territory that put it at least on a par with the United States, Japan, China, and Russia
    • The largest integrated market in the world
    • A Common Commercial Policy since the 1950s
    • A wide-ranging and complex development assistance policy
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