Of the two trade blocks in Europe,the _______________ is by far the more significant,not just in terms of membership,but also in terms of economic and political influence in the world economy.
A) European Free Trade Association
B) North Atlantic Trade Block
C) European Union
D) European Federation
E) Mediterranean common market

Question

Quizplus · Accepted Answer

The European Union (EU) is the most significant trade block in Europe, as it has a large membership of 27 countries and holds significant economic and political influence in the global economy. The other options, such as the European Free Trade Association (EFTA) and Mediterranean common market, have fewer members and less influence on the global economy. The North Atlantic Trade Block and European Federation are not actual trade blocks in Europe.

Of the Two Trade Blocks in Europe,the _______________ Is by Far