The European Union The EU is a political and economic association that consists of 28 European countries. EU was formed after World War II to counter the effects of the war and to deal with political, economic and social issues from a common platform. Most countries, especially the ones with developing economies, suffer budget deficits and require back up. Such back up can come in form of foreign investors committing…
Economic growth is the term that was chosen for this work because despite its visual simplicity, it is rather complicated. At first sight, it seems that explanation of this term should be rather easy; however, there exist many details, which should be mentioned, and this is the main problem. It is rather difficult to do it without terms usage, and terms may cause additional problems because people, who are not…
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