The EU has benefited its member nations because most tariffs that affect pricing practices have been removed, fewer regulatory restrictions on transportation, advertising, and promotion imposed by countries; and
A)there is a credit reserve of funds to protect against world recessions.
B)there is a common language advantage amongst EU consumers.
C)most companies within the union are becoming global partnerships.
D)there is a legally binding enforcement code for misconduct.
E)firms do not need to market their products and services on a nation-by-nation basis.

Question

Quizplus · Accepted Answer

The removal of tariffs and regulatory restrictions within the EU allows firms to market their products and services to the entire region. This means that companies can advertise and promote their offerings in all member nations without needing to tailor their marketing efforts to each individual country. This provides significant cost savings for firms and has helped to boost trade and economic growth within the EU. Therefore, option E is the best answer.

The EU Has Benefited Its Member Nations Because Most Tariffs