One example of an economic community is the organization started by France, Germany, Belgium, Italy, the Netherlands, and Luxembourg. This organization is known as the
A) General Agreement on Tariffs and Trade.
B) European Economic Area.
C) European Free Trade Agreement.
D) European Union.
E) Euro Economic Alliance.

Question

Quizplus · Accepted Answer

The organization mentioned in the question is the precursor to the European Union (EU), which was officially established with the signing of the Maastricht Treaty in 1993. The EU is an economic and political union of 27 countries in Europe, which aims to promote economic cooperation and prosperity among its members through the free movement of goods, services, capital, and people. The other options, such as the General Agreement on Tariffs and Trade (GATT), the European Economic Area (EEA), and the European Free Trade Agreement (EFTA), are other economic agreements or organizations, but they do not encompass the same level of economic integration and political cooperation as the European Union. The Euro Economic Alliance is not a recognized organization.

One Example of an Economic Community Is the Organization Started