ECONOMICS (CBSE/UGC NET)

ECONOMICS

BARRIERS TO TRADE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The European Union has encouraged all of the following EXCEPT
A
common currency-Euro
B
free trade between European countries
C
positive relationships among leaders
D
common enemies
Explanation: 

Detailed explanation-1: -The aims of the European Union within its borders are: promote peace, its values and the well-being of its citizens. offer freedom, security and justice without internal borders, while also taking appropriate measures at its external borders to regulate asylum and immigration and prevent and combat crime.

Detailed explanation-2: -The European Union has its own flag, anthem, founding date and currency. Its currency, the Euro, can pose a threat to the dominance of the U.S. Dollar. The European Union has economic, political and diplomatic and military influence.

Detailed explanation-3: -Norway is not a member of the European Union. European Union is a political and economic union of 28 countries that are located in Europe. Switzerland, Russia, Iceland, and Ukraine are some of the European countries that are not a part of EU.

Detailed explanation-4: -Switzerland and Norway are not part of the European Union.

There is 1 question to complete.