What is the proper characterization of the European Union (EU) , and what is its primary accomplishment?
A) The EU is a regional trade bloc which controls the money supply in each member country.
B) The EU is a regional trade agreement that has eliminated most trade barriers between member countries.
C) The EU is a trade treaty that provides a forum where member countries can resolve their trade disputes.
D) The EU is a trading cooperative that protects member countries from unfair trade tactics by non-member countries.
Correct Answer:
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