Purchase Solution

Maastricht Treaty provisions

Not what you're looking for?

Ask Custom Question

I need help understanding the following:

What were the main provisions of the Maastricht Treaty of 1991?

How and why did Europe set up its single currency?

Purchase this Solution

Solution Summary

Transition to the Euro; the Maastricht Treaty and the establishment of the European Union

Solution Preview

The Maastricht Treaty of 1991 (also called the Treaty of European Union) established the European Union (EU) and set the groundwork for the European Monetary Union (EMU). The EU's main tenets involved establishing the "three pillars" of the EU: Common Foreign and Security Policy (CFSP), and police and judicial cooperation in criminal matters (JHA), and the European Community (EC). In essence, member countries would agree to cede power in certain areas to a central government which could more efficiently manage those areas.

The Maastricht Treaty established the EU as a ...

Purchase this Solution


Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.