The European Union is the oldest, largest, and most ambitious integration agreement in the world today. was a free trade area. was a customs union. had a common language. had 12 countries. 1999. 1985. 2004. 1992. Which of the following is NOT an example of deepening of economic integration? Harmonization of industry technical standards.
workers do not migrate easily between member countries. workers migrate easily between member countries and member country business cycles are synchronized. the creation of the European Coal and Steel Community (ECSC). the adoption of the European Monetary System (EMS). the formation of the European Economic Community (EEC).
the introduction of the Euro. the creation of a single European fiscal policy. measures to ensure the free movement of goods, services, capital, and labor. All of the above. Which country is surrounded by EU countries, but not in the EU itself?
The European Union expected the reduction in border barriers would speed the movement of goods and services and reduce the costs of doing business with other nations. The European Union expected that firms have an incentive to reduce duplication in their operations across nations.