Which of the following was a change proposed by the Single European Act?
A)Establish frontier controls among European Community countries
B)Increase the resources required for complying with trade bureaucracy
C)Place barriers to competition in the retail banking and insurance businesses
D)Apply the principle of "mutual recognition" to product standards
E)Reduce costs directly by not allowing lower-cost suppliers into national economies

Question

Quizplus · Accepted Answer

The purpose of the Single European Act was to have one market in place by December 31, 1992. The act proposed to apply the principle of "mutual recognition" to product standards. A standard developed in one European Community country should be accepted in another, provided it meets basic requirements in such matters as health and safety.

Which of the Following Was a Change Proposed by the Single