Which of the following is true with regard to the European Union (EU)?
A) There is an absence of common consensus between the member states of EU with regard to political integration.
B) All the member states of the EU have adopted the Euro as the common currency.
C) The common currency of the EU is a weak competitor of the U.S. dollar.
D) The EU members are supposed to give one another most favoured nation status.
E) The EU is a regional economic and political alliance of global importance.

Question

Quizplus · Accepted Answer

The EU is a regional economic and political alliance of global importance, consisting of 27 member states. It has a single market and currency (the Euro) and plays an important role in global trade and international relations. While there are debates and disagreements among member states about the degree of political integration, the overall purpose and importance of the EU cannot be denied.

Which of the Following Is True with Regard to the European