As George Platt examines markets that might match his company's investment requirements, he is particularly interested in the fact that the European Community has an extensive transportation network. This network seems to draw all the member nations closer together. Which of the following critical factors for ensuring an effective economic union is Mr. Platt most likely examining when reviewing transportation networks?

Question

Quizplus · Accepted Answer

Geographical closeness does facilitate the functioning of a common market. It is seen that transportation networks are likely to be interrelated and well developed when countries are close together. Therefore, Mr. Platt is judging the effectiveness of the economic union by assessing the geographic proximity of the members of the union.

As George Platt Examines Markets That Might Match His Company's