*Around the 1980's and 1990's there was an expansion of the European Community that was called the European Union (EU). This union served as politically and economically to all the 25 countries. The European Union then introduced a new European currency called the Euro. Due to this now in today's world more euros are traded every day than US dollars, and the significance of the euro continues to nurture as compared to the US dollar.
*The European union is a good thing because now traveling to Europe is more easier and effective due to this developement. It is more easy to travel around the world like the U.S. this means that they don't have to stop everytime to show them their passport and just keep going. Now many people who live in the EU nations can freely now work in any part of the EU nations without any problems. The 25 European nations have about 500 million citizens and the US have about 300 million citizens which make a big difference in population. The European Union was successful because it had lasted long and many countires were able to establish more effectively.
*The European union is a good thing because now traveling to Europe is more easier and effective due to this developement. It is more easy to travel around the world like the U.S. this means that they don't have to stop everytime to show them their passport and just keep going. Now many people who live in the EU nations can freely now work in any part of the EU nations without any problems. The 25 European nations have about 500 million citizens and the US have about 300 million citizens which make a big difference in population. The European Union was successful because it had lasted long and many countires were able to establish more effectively.
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