Twenty-seven countries in Europe have eliminated all tariffs with each other. This group of countries is known as the
A) European Union.
B) United Federation of Europe.
C) Gruppo Euro.
D) European Free Trade Association.

Question

Quizplus · Accepted Answer

The European Union is a political and economic union of 27 member states located primarily in Europe. Among the many initiatives of the EU is the elimination of tariffs between its member states, creating a single market. Therefore, the group of countries that has eliminated all tariffs with each other is the European Union. The European Free Trade Association (EFTA) is a separate free trade association that includes Norway, Switzerland, Iceland, and Liechtenstein, but not all members have eliminated all tariffs with each other. "Gruppo Euro" is not a known term for a group of countries in Europe, and "United Federation of Europe" does not exist.

Twenty-Seven Countries in Europe Have Eliminated All Tariffs with Each