The EU has benefited its member nations because firms do not need to market their products and services on a nation-by-nation basis; most tariffs that affect pricing practices have been removed; and
A)there is a legally binding code of economic conduct.
B)there is immunity against world recessions.
C)there are fewer regulatory restrictions on transportation, advertising, and promotion.
D)there is a common language advantage among EU consumers.
E)most companies within the EU are engaging in strategic global partnerships.

Question

Quizplus · Accepted Answer

The EU has eliminated many regulatory restrictions on transportation, advertising, and promotion, making it easier for firms to market their products and services across member nations.

Answer: A
 The EU has established a legally binding code of economic conduct, which helps create a stable and predictable economic environment for member nations and for firms conducting business within the EU.

Answer: E
 The passage does not provide evidence to support the claim that most companies within the EU are engaging in strategic global partnerships.

Answer: B
 The passage does not mention any immunity against world recessions, therefore this option is not the best choice.

Answer: D
 The passage does not mention any common language advantage among EU consumers, therefore this option is not the best choice.

The EU Has Benefited Its Member Nations Because Firms Do