WORLD HISTORY

POST COLD WAR WORLD

INTEGRATION OF EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was one result of the European Economic Community (EEC)?
A
Trade among the EEC nations increased greatly.
B
Water and air pollution decreased greatly.
C
Trade barriers between EEC nations increased greatly.
D
People moving to other EEC countries to live decreased greatly.
Explanation: 

Detailed explanation-1: -The EEC rapidly became the most important of these and expanded its activities. One of the first important accomplishments of the EEC was the establishment (1962) of common price levels for agricultural products. In 1968, internal tariffs (tariffs on trade between member nations) were removed on certain products.

Detailed explanation-2: -The EEC was designed to create a common market among its members through the elimination of most trade barriers and the establishment of a common external trade policy. The treaty also provided for a common agricultural policy, which was established in 1962 to protect EEC farmers from agricultural imports.

Detailed explanation-3: -The EEC created a customs union while EURATOM promoted cooperation in the sphere of nuclear power. One of the first important accomplishments of the EEC was the establishment in 1962 of common price levels for agricultural products. In 1968, internal tariffs between member nations were removed on certain products.

Detailed explanation-4: -The EU has delivered more than half a century of peace, stability and prosperity, helped raise living standards and launched a single European currency: the euro. More than 340 million EU citizens in 19 countries now use it as their currency and enjoy its benefits.

Detailed explanation-5: -The goal of the EEC was to transform the conditions of trade and production on the territory of its 6 member states, but also to serve as a step towards the closer political unification of Europe.

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