Question :
81.Which of the following true of the Treaty of Lisbon : 1299354
81.Which of the following is true of the Treaty of Lisbon that was signed in 2007?
A.It defined the European Commission’s role in competition policy.
B.It brought the commission to the court for failure to act according to an European Union treaty.
C.It created the position of the president of the European Council.
D.It lifted barriers to competition in the retail banking and insurance businesses.
E.It created the Court of Justice, the supreme appeals court for European Union law.
82.Which of the following is true of the Court of Justice?
A.The judges are required to act as representatives of national interests.
B.It is comprised of several judges from a few selected countries.
C.It is the supreme appeals court for European Union law.
D.A member-country cannot bring another member-country to this court.
E.Member-countries cannot bring the commission or the council to this court.
83.Which of the following was a change proposed by the Single European Act?
A.Establish frontier controls among European Community countries
B.Increase the resources required for complying with trade bureaucracy
C.Place barriers to competition in the retail banking and insurance businesses
D.Apply the principle of “mutual recognition” to product standards
E.Reduce costs directly by not allowing lower-cost suppliers into national economies
84.The _____ proposed that all impediments to the formation of a single market be eliminated by December 31, 1992. The result was the Single European Act.
A.Delors Commission
B.Andean Pact
C.D’Amato Act
D.North American Free Trade Agreement
E.Maastricht Treaty
85.Which of the following changes were proposed by the Single European Act?
A.Place barriers to competition in the retail banking and insurance businesses
B.Place restrictions on foreign exchange transactions between member-countries
C.Increase the powers of the European Commission in matters of competitive policy
D.Encourage cabotage that refers to the right of foreign truckers to pick up and deliver goods within another member-state’s borders
E.Open public procurement to nonnational suppliers
86.The right of foreign truckers to pick up and deliver goods within another member-state’s borders is known as _____.
A.affreightment
B.cabotage
C.dunnage
D.dumping
E.folkways
87.Which of the following principles did the Single European Act propose to apply to product standards?
A.The principle of “mutual recognition”
B.The principle of “quid pro quo”
C.The materiality principle
D.The principle of “market-to-market”
E.The elimination principle
88.Which of the following is true of the Single European Act?
A.The act proposed to place frontier controls among European Community countries.
B.The act sought to abolish the application of the principle of “mutual recognition” to product standards.
C.The act proposed to reduce costs indirectly by preventing national suppliers to compete.
D.The act provided the impetus for the restructuring of substantial sections of European industry.
E.The act proposed to reduce costs directly by preventing lower-cost suppliers into national economies.
89.Which of the following treaties committed European Community members to adopt a common currency by January 1, 1999?
A.The Maastricht Treaty
B.The Treaty of Rome
C.The Treaty of Lisbon
D.The Montreal Treaty
E.The Treaty of Paris
90.Which of the following comprises the euro zone?
A.The 27 member nations of the European Union.
B.The member nations of the European Union and the applicants to the union
C.The 17 member nations who use euro as its currency
D.The member nations of the European Union and countries who have pegged their currencies to the euro
E.The 21 member nations that have their members in the European Parliament
