Which of the following is true of the Treaty of Lisbon that was signed in 2007?
A) It defined the European Commission's role in competition policy.
B) It brought the commission to the court for failure to act according to an European Union treaty.
C) It created the position of the president of the European Council.
D) It lifted barriers to competition in the retail banking and insurance businesses.
E) It created the Court of Justice, the supreme appeals court for European Union law.

Question

Quizplus · Accepted Answer

The Treaty of Lisbon created the position of the president of the European Council, which is responsible for setting the EU's priorities and representing the EU on the global stage. Option A is incorrect as the EU's competition policy was already established before the treaty. Option B is incorrect as the treaty did not bring the commission to court. Option D is incorrect as the treaty did not address competition in any specific industry. Option E is also incorrect as the Court of Justice already existed before the treaty.

Which of the Following Is True of the Treaty of Lisbon