Countries within the European Union vary dramatically by their nominal per capita incomes. Though the per capita income of the European Union countries is $27,400, there are some countries that have a much higher per capita income (Denmark at $45,700) and some countries that have a much lower per capita income (Romania at $7,500). Why are residents of some countries within the European Union wealthier than other countries? What is the per capita income of your own country? Is your country’s per capita income lower or higher than the per capita income levels of the European Union states? Why might this be the case?
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