The chief aim of the European Union and other trade organizations is to minimize trade barriers among their members.

Question

Quizplus · Accepted Answer

The chief aim of the European Union and other trade organizations is indeed to minimize trade barriers among their members, in order to facilitate trade and economic cooperation. This is achieved through various agreements, such as free trade agreements, customs unions, and common markets, which aim to remove tariffs, quotas, and other barriers to trade, as well as to harmonize regulations and standards to facilitate cross-border commerce.

The Chief Aim of the European Union and Other Trade