Which of the following is true about the European Economic Community (EEC) ?
A) All European nations are a part of the EEC.
B) Commerce within the EEC is regulated entirely by the World Trade Organization (WTO) .
C) The General Agreement on Tariffs and Trade (GATT) is the confederation that regulates free trade within the EEC.
D) Most members of the EEC share a common currency.
E) Under the EEC,legal regulation in the participating countries has become uniform.
Correct Answer:
Verified
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