Which of the following statements best describes the European Union (EU)?
A)The EU creates a single Eurozone for generic Europroducts.
B)The EU removes all internal trade barriers and standardizes regulations in European countries for easier trade.
C)The EU can be detrimental to business as not all Europeans shop alike.
D)The EU is dominated by 5 major countries and many much smaller countries.

Question

Quizplus · Accepted Answer

Because of diverse languages and cultures,no "United States of Europe" or a generic Euroconsumer results from United Europe.There exists the possibility of a protectionist movement and increased competition.It does not eliminate all trade barriers.

Which of the Following Statements Best Describes the European Union