Which of the following statements is true of the European Union (EU)?
A) The EU has imposed hundreds of local regulations and variations in product standards for its member nations.
B) The European Union's membership now encompasses more than 150 countries.
C) Viewed as a whole, the EU now constitutes the world's largest economy.
D) The EU adopts protectionist measures to regulate trade among member countries.
E) The EU was formed primarily to monitor global financial developments and to alleviate poverty in developing economies.

Question

Quizplus · Accepted Answer

C) One of the largest trading blocs is the European Union (EU), whose membership now encompasses more than two dozen countries and a half billion people. Viewed as a whole, the EU now constitutes the world's largest economy.

Which of the Following Statements Is True of the European