7
QuizMultiple Choice

Global Economic Policy — Quiz

Question 7 • Government

Which best describes the European Union?

Answer
A
an economic policy that places tariffs on goods entering Europe
B
a trade agreement responsible for one of the world’s largest economies
C
a trade agreement that unites all European countries with a single trading goal
D
an economic policy that lowers tariffs on goods sent from Europe to the United States

Explanation

The European Union is a political and economic union whose members coordinate policies and participate in a shared single market. Together, its member countries make up one of the world’s largest economies, so choice B is the best description. It is not simply a tariff policy, and it does not include every country in Europe.

AI-written and checked against the verified answer.

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