The European Union's Policy Scope: Beyond Economics

False. The European Union operates across a broad policy spectrum, including:

• Economic & Monetary Policy (euro, stability pact)
• Trade Policy (common commercial policy, negotiating FTAs)
• Environmental Policy (climate targets, biodiversity, circular economy)
• Social Policy (workers’ rights, gender equality, health)
• Foreign & Security Policy (CFSP, diplomacy, crisis management)
• Justice & Home Affairs (asylum, borders, police cooperation)

The EU’s competences are defined by treaties; many areas involve shared competence with member states.