GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Spain
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Iceland
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France
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Germany
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Detailed explanation-1: -Iceland is closely connected to other European countries in a historical, political, and a cultural sense. Although Iceland is not a member of the European Union (EU), its relation to the EU is mainly based on the EEA Agreement, which came into effect in 1994.
Detailed explanation-2: -Iceland applied for EU membership in July 2009 and accession negotiations commenced a year later. Following a change of leadership, Iceland’s government notified in March 2015 that Iceland should not be regarded as a candidate country for EU membership.
Detailed explanation-3: -The EEA includes EU countries and also Iceland, Liechtenstein and Norway. It allows them to be part of the EU ‘s single market. Switzerland is not an EU or EEA member but is part of the single market. This means Swiss nationals have the same rights to live and work in the UK as other EEA nationals.