Correct option is B
The Maastricht Treaty, officially known as the Treaty on European Union, replaced the European Community (EC) with the European Union (EU). Signed on February 7, 1992, and effective from November 1, 1993, the treaty marked a significant milestone in European integration by establishing a broader union that incorporated not only economic policies but also political, social, and security dimensions.
Key Features of the Maastricht Treaty:
1. Establishment of the EU: Transformed the European Community into the European Union, emphasizing greater integration.
2. Introduction of the Euro: Laid the foundation for the Economic and Monetary Union (EMU) and a single European currency.
3. Three Pillars Structure:
· European Communities (economic and trade policies).
· Common Foreign and Security Policy (CFSP).
· Police and Judicial Cooperation in Criminal Matters (PJCCM).
4. Expanded Citizenship: Introduced the concept of EU citizenship, allowing citizens to move, work, and live freely across member states.
5. Strengthened Institutions: Increased the powers of the European Parliament and other EU institutions.
Information Booster:
1. Westphalia Treaty (a): Signed in 1648, this treaty ended the Thirty Years' War and established the modern state system, unrelated to the EU.
2. Maastricht Treaty (b): Focused on deepening European integration by forming the EU.
3. Versailles Treaty (c): Signed in 1919, it ended World War I and created the League of Nations, unrelated to the EU's formation.
4. British Treaty (d): No significant treaty with this name is related to the EU's formation.