Which of the following is true about the European Union?

Question

Quizplus · Accepted Answer

The European Union has established the European Central Bank (ECB) as the central bank of the EU member countries.

Answer: B
 The EU has eliminated customs tariffs between member nations and nonmember nations, thus allowing for free trade among these countries.

Note: A, D, and E are incorrect. While the EU does involve some sharing of sovereignty among member nations, it is not true to say that they have not given up any sovereignty. The EU is comprised solely of European nations and does not include any Northern African countries with European ties. Finally, while the EU supports defense policies, it is primarily an economic and political union rather than a military alliance.

Which of the Following Is True About the European Union