The European Union is an example of a(n)_____.

Question

Quizplus · Accepted Answer

The European Union is primarily an economic bloc, which is a group of countries that work together to promote trade and economic cooperation, often through the removal of trade barriers such as tariffs and quotas. While the EU does engage in multilateral negotiations with other countries and regions, and has implemented some nontariff barriers, these are secondary aspects of its overall purpose and function. The term "export consortium" does not accurately describe the EU, as it implies a focus on exporting goods rather than promoting domestic trade and economic cooperation.

The European Union Is an Example of A(n)_____