The European Union has increased market opportunities and fostered competition for companies outside of Europe. For example, ____________, established a major hub in Cologne, Germany.

Question

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UPS, a global package delivery and supply chain management company, established a major hub in Cologne, Germany, to take advantage of the European Union's single market, which has increased market opportunities and fostered competition. This strategic move allows UPS to better serve the European market by improving logistics and delivery times.

The European Union Has Increased Market Opportunities and Fostered Competition