When a company from the United States exporting products to multiple countries in the European Union only has to go through customs once, this is an example of:
A)Competition
B)Regional economic & political integration
C)Import quotas
D)Technology

Question

Quizplus · Accepted Answer

A subsidiary of a company from the United States incorporated in any country of the European Union is a corporate citizen of the European Union. Consequently, the subsidiary does not have to pay duties when it crosses borders of European Union member states, nor foreign exchange costs, because all transactions are conducted in Euros.

When a Company from the United States Exporting Products to Multiple