With reference to the Single European Act, the principle of mutual recognition
A) concerned acceptance of the fact that each of the countries had their own identity and culture.
B) meant that firms and individuals could choose to obey the rules of the country that had the least restrictive ones in the Community on any particular issue.
C) stated that each member country should realise that every member had a right to decide on its own trade policies.
D) stated that there would be mutual benefits of open trade with one another.
Correct Answer:
Verified
Q18: The European Economic Area is a
Q19: Assume that, before it joined the EU,
Q20: The act signed in 1992 to establish
Q21: Which of the following statements concerning the
Q22: Which of the following was not a
Q24: Which of the following will not be
Q25: The creation of a single market may
Q26: If increased economic integration causes more co-
Q27: EU regional policy
A) provides grants to firms
Q28: Within the EU, indirect tax (VAT)
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