Edexcel A-Level Politics 9PL0
Democracy and Participation
Political Parties
Electoral Systems
Voting Behaviour and the Media
Liberalism
Conservatism
Socialism
The Constitution
Parliament
The Prime Minister and the Executive
Relations Between the Branches
AnarchismNon-core
EcologismNon-core
FeminismNon-core
MulticulturalismNon-core
NationalismNon-core
The US Constitution and FederalismUSA
US CongressUSA
The US PresidencyUSA
The US Supreme Court and Civil RightsUSA
US Democracy and ParticipationUSA
Comparative Theories and the UK-US ComparisonUSA
The State and GlobalisationGlobal
Global Governance: Political and EconomicGlobal
Global Governance: Human Rights and EnvironmentalGlobal
Power and DevelopmentsGlobal
Regionalism and the European UnionGlobal
Global Comparative TheoriesGlobal
Regionalism and the European Union
Economic and Monetary Union and the euro
- 3 things to know
- Component 3
Overview
Recall questions on the introduction of the euro, the Maastricht convergence criteria and the Stability and Growth Pact.
What you need to know
Answer each one before you reveal it.
What is the Maastricht convergence criterion for public debt?
What is Economic and Monetary Union (EMU)?
Questions from this subtopic
Each one with the model answer underneath.
- 1
What is Economic and Monetary Union (EMU)?
Model answer
The process of harmonising economic policies and introducing a single currency among participating EU member states.
- 2
When was the euro introduced as an accounting currency, and when did physical notes and coins enter circulation?
Model answer
As an accounting currency in 1999; physical notes and coins in 2002.
- 3
What is the Maastricht convergence criterion for inflation?
Model answer
A country's inflation rate must be no more than 1.5 percentage points above the average of the three best-performing member states.
- 4
What is the Maastricht convergence criterion for budget deficit?
Model answer
The government budget deficit must be below 3% of GDP.
- 5
What is the Maastricht convergence criterion for public debt?
Model answer
Public debt must be below 60% of GDP.
- 6
What does the exchange rate stability criterion for eurozone membership require?
Model answer
Participation in the Exchange Rate Mechanism (ERM II) for at least two years without severe tensions or devaluation.
Other ways to work this
The same content, four other ways.
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Six ways to work the same material.
Every question in Regionalism and the European Union, on a schedule.
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