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According to Article 50 of the Treaty on European Union, which of the following statements accurately describes the procedure for a Member State's withdrawal from the Union? A The withdrawal agreement is concluded by the Council acting unanimously after obtaining the consent of the European Parliament, and the Treaties cease to apply immediately upon notification. B The Member State must notify the Council of its intention to withdraw, and the withdrawal agreement is concluded by the European Council acting unanimously. C The withdrawal agreement is concluded by the Council acting by a qualified majority, but under the pre-Lisbon framework, the Treaties would cease to apply immediately upon notification without any automatic two-year period. D The withdrawal agreement is concluded by the Council acting by a qualified majority after obtaining the consent of the European Parliament, and the Treaties cease to apply two years after notification unless the European Council unanimously decides to extend this period.
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