Which of the following are competitive implications for the European Union?
A)Free flow of workers,goods and services,and investments across national boundaries.
B)Each EU country has access to a market slightly smaller than the United States.
C)Unfavourable trade and customs laws.
D)Use of trade restrictions and quotas.
E)None of the above.

Question

Quizplus · Accepted Answer

The free flow of workers, goods and services, and investments across national boundaries allows for greater competition within the European Union and can potentially increase efficiency and productivity.

Answer: B 
 Although each EU country has access to a market slightly smaller than the United States, the EU as a whole is still a significant economic player and can compete globally.

Answer: C and D 
 Unfavorable trade and customs laws, as well as the use of trade restrictions and quotas, can hinder the ability of EU businesses to compete globally.

Which of the Following Are Competitive Implications for the European