Statement I: The population and GDP of the European Union is greater than that of the United States.
Statement II: The European Union has NOT attained as high of a degree of economic integration as NAFTA.
A)Statement I is true and statement II is false.
B)Statement II is true and statement I is false.
C)Both statements are true.
D)Both statements are false.

Question

Quizplus · Accepted Answer

Statement I is true, as the population and GDP of the European Union is indeed greater than that of the United States. On the other hand, statement II is false, as the European Union has achieved a higher degree of economic integration than NAFTA. The European Union has a common market and a currency union, while NAFTA is mainly a free trade agreement.

Statement I: the Population and GDP of the European Union