The goal of the Single European Act was to reduce the ability of European companies to compete against companies from Japan and North America.

Question

Quizplus · Accepted Answer

The goal of the Single European Act, which came into force in 1987, was actually to create a single market within the European Union by removing barriers to trade and promoting free movement of goods, services, people, and capital. Its aim was to enhance European competitiveness in global markets, not to reduce it by hindering European companies.

The Goal of the Single European Act Was to Reduce