Formed in 1957, ________ set out to create a single European market by reducing barriers to the free flow of products, services, finances, and labor among member countries and developing policies on trade with nonmember nations.
A) the Uruguay Round
B) the European Union
C) the European Organization
D) the European Central Bank
E) CAFTA

Question

Quizplus · Accepted Answer

The formation and objectives of the European Union correspond to the given description. The Uruguay Round refers to international trade negotiations that took place in the 1980s and 1990s, CAFTA is a trade agreement between the United States and Central American countries, the European Organization is not specific enough to determine if it is the correct answer, and the European Central Bank is primarily responsible for monetary policy in the eurozone.

Formed in 1957, ________ Set Out to Create a Single