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

With the EU, there are fewer regulatory restrictions on transportation, advertising, and promotion, which makes doing business across member countries easier and more efficient. This can translate into cost savings for companies and more choices for consumers. However, the other options - A, B, D, and E - are not accurate descriptions of the benefits of the EU.

EU Has Benefited Its Member Nations Because Firms Do Not