Which of the following is true of the Single European Act?
A) The act proposed to place frontier controls among European Community countries.
B) The act sought to abolish the application of the principle of "mutual recognition" to product standards.
C) The act proposed to reduce costs indirectly by preventing national suppliers to compete.
D) The act provided the impetus for the restructuring of substantial sections of European industry.
E) The act proposed to reduce costs directly by preventing lower-cost suppliers into national economies.

Question

Quizplus · Accepted Answer

The Single European Act provided the impetus for the restructuring of substantial sections of European industry. It aimed to establish a single market without trade barriers that would allow the free movement of goods, services, capital, and people among the member states. This restructuring aimed to increase competition and reduce costs in the long term by eliminating trade barriers between member states.

Which of the Following Is True of the Single European