The road to complete European economic and financial unity will not be an easy journey because:
A) Differences in national economies, concern over unemployment and the welfare needs of citizens and strong feelings of national identity and independence pose major problems for the newly formed European Union of 11 nations
B) Unlike the United States, the new union currently has no common fiscal policy that can redistribute income and productive resources out of economically robust areas toward economically depressed areas
C) Both of the above
D) None of the above
Correct Answer:
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