Question

What factors make European Union a highly influential Organization?​

Answer 1

Explanation:

• Economic Influence: Three times larger share in world trade than the US.
• Political and Diplomatic Influences.
• Military Influence.

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Answer 2

Answer⛄

1. Economic Influence

2. Political and Diplomatic Influences

3. Military Influence

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EXPLANATION

1. Economic Influence:

• Three times larger share in world trade than the US.
• Its currency Euro, can pose a threat to the dominance of the US dollar.
• The EU functions as an important bloc in the World Trade Organisation (WTO)

2. Political and Diplomatic Influences:

• Two members of the EU, Britain and France hold permanent seats in the Security Council to influence the UN policies.
• The EU also includes various non-permanent members of the UNSC.
• The European Union play an influential role in diplomacy and negotiations except the military force i.e. the EU’s dialogue with China on human rights and environmental degradation is remarkable.

3. Military Influence:

• The EU’s combined armed fo^fees are second largest in the world.
• Its total expenditure on military is second to the US.
• Its two important members— Britain and France also experience nuclear ascends of 550 nuclear warheads.
• The EU is world’s second most important source of space and communications technology.

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