1. What are the characteristics of the socio-economic environment in many western European countries that reduced the negative human impact of the most recent global economic meltdown (2008)?
2. Discuss in detail the benefits of economic union in Europe.
3. Although the Euro was supposed to have an overall positive economic impact on participating countries, the opposite has happened in some cases. Explain why this is so using two countries as examples.
4. Define deflation. What are some of the policy changes that countries have to make in order to deflate their economies. Please use examples.
5. Do you think the Euro should be abolished? Why/Why not?