Twenty-nine countries in Europe have formed the European Union (EU).After the EU was formed it
A)eliminated all tariffs among its member countries.
B)completed a trade treaty (NAFTA)that reduced tariff rates between the EU and North American countries.
C)greatly decreased imports and exports among its member countries.
D)barred imports of 747 jumbo jets by its member countries;all EU countries must now buy jets from Airbus,a European company.

Question

Quizplus · Accepted Answer

One of the main goals of the EU was to create a single market and eliminate barriers to trade among its member countries. Therefore, the EU eliminated all tariffs (taxes on imports) among its member countries, allowing for the free movement of goods and services.

Twenty-Nine Countries in Europe Have Formed the European Union (EU)