The European Union has positively affected the economies of Europe by A) refusing to allow countries to trade with each other

Biology Feb 25, 2021

The European Union has positively affected the economies of Europe by

A) refusing to allow countries to trade with each other.

B) allowing England to become the richest European country.

C) lowering or eliminating barriers that slow down trade between countries.

D) making taxes on imported goods higher and promoting economic independence.

Expert Solution

Answer: C) lowering or eliminating barriers that slow down trade between countries.

The European Union (EU) is a political and economic group of 28 European countries. One of its most important achievements has been the introduction of a single market through standardized laws and a common currency (although not all countries in the political union belong to the monetary union). It has also tried to eliminate barriers to the movement of people, goods and services.

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