Which of the following was NOT one of the purposes of the Single European Act?
A) Remove all frontier controls between EU countries
B) Remove the principle of "mutual recognition" as it pertains to product standards
C) Open public procurement to non-national suppliers
D) Lift barriers to competition in the EC's retail banking and insurance businesses
E) Remove all restrictions on foreign exchange transactions between members

Question

Quizplus · Accepted Answer

The Single European Act aimed to establish the Internal Market by removing barriers to the free movement of goods, services, people, and capital between EU countries. It did not seek to remove the principle of "mutual recognition" as it pertains to product standards, but rather to strengthen it as a means to facilitate trade and harmonize regulations.

Which of the Following Was NOT One of the Purposes