Discussion questions
Understanding the Eurozone Crisis
Test your knowledge about the Eurozone crisis and the economic factors that contributed to it. This quiz covers important issues surrounding fiscal discipline, economic unions, and the relationships between member states in the EU.
Key Topics:
- Fiscal Policies
- Banking Union
- Comparative Competitiveness
- Impact of the 2008 Financial Crisis
- Future Economic Dynamics
Lack of fiscal discipline is a main culprit of the eurozone crisis
Agree
Disagree
Not sure
Other
Please Specify:
EMU doesn’t impact the comparative competitiveness of nations within the EU with respect to inter EU and general trade.
Agree
Disagree
Not sure
A Banking union is necessary for the survival of the EMU
Agree
Disagree
Not sure
Benefits of the EMU to ‘’more competitive economies’’ indebt them to ‘’less competitive economies’’
Agree
Disagree
Not sure
Eurozone crisis would not have happened without American ’08 subprime crisis!
Agree
Disagree
Not sure
Governments of ‘’stressed countries’’ cannot be judged harshly for their lack of foresight and action.
Agree
Disagree
Not sure
A fiscal union based on direct cashflow and investment is preferable over one based on shared borrowing.
Agree
Disagree
Not sure
Once Eastern Europe is as rich as southern Europe it will face the same growth dynamics and problems.
Agree
Disagree
Not sure
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