Chapter 8 Video_Regional Economic Integration_Outlook for the European Union_6.28 mins
Which of the following best defines the term "regional economic bloc"?
An alliance of two or more countries that agree to eliminate tariffs
Which of the following countries was not a member of the initial version of the European Union, known as the European Economic Community?
Spain
Which of the following statements regarding the EU is not true?
The EU includes the same countries as the continent of Western Europe.
Which piece of advice might the people who work at Allianz, the insurance firm featured in the video, most likely recommend to other companies starting up their businesses in the EU?
Think of the EU as a single, enormous trading center.
The EU is most likely to face which of the following challenges within the next few years?
Debt, demographic decline, and lower growth
