Common market: European Economic Community
Monetary union: Of or relating to money or currency
Cohesion: The act or state of cohering
Treaty: A formal agreement or contract between two or more states, such as an alliance or trade arrangement
Heterogeneity: Composed of unrelated of differing parts of elements
Homogeneus: Made up of the same king of people or things
Outsourcing: To subcontract to another company
Fagmentation: The act of fragmenting or the state of beging fragmented
Development: The act of process of growing, progressing or developing
Budget: Economical, inexpensive
Citizenship: The condition or status of a citizen, with its rights and duties
Duty: a task or action that a person is bound to perform for moral or legal reasons
Funds: money that is readily available
Investment: the act of investing money
Subsidy: a financial aid supplied by a government, as to industry, for reasons of public welfare, the balance of payments, etc.
Skeptical: not convinced that something is true; doubtful.
Surplus: a quantity or amount in excess of what is required.
Seafaring: travelling by sea.
Outskirts: outlying or bordering areas, districts, etc, as of a city.
Profitable: affording gain, benefit, or profit.
Highway-motorway: I don't know what it is.
Hierarchy: a system of persons or things arranged in a graded order.
GDP: gross domestic product.
CAP:Agricultural Policy: (in the EU) the system for supporting farm incomes by maintaining agricultural prices at agreed levels.
CFP: