European union

The European Union (EU) is an organization of 25 countries, it's the largest and most powerful common market, with a population of nearly 547,000,000. The EU came out to simplify, economize and modernize the travel and commerce issues between member nations in an effort to better meet the needs of a global economy.It isn't a federation so it doesn't include a flag, anthem, founding date, and currency.

Advantages of the Eu is that it is working to develop common foreign and security policies and to address other issues such as citizens' rights, regional development, and environmental protection. the EU also has increased trade. Since there are no restrictions on the movement of people, capital, goods, and services across nation borders, the common market has facilitated trade among EU countries.

Some disadvantages of the European Union are: Changes in the economy will form new economic patterns and many industries will not be able to compete with lower costs.With free movement of labour and capital, the most skilled workers may get higher benefits and wage weakening the other people in the economy. There can also be a loss of independence in many areas.