Which of the Following Is True of the European Union

question 58

Multiple Choice

Which of the following is true of the European Union?

• A) Despite the aspirations of the founders,the European Court of Justice plays a very small institutional role in European regionalism.
• B) The European Union does not touch on political issues,only economic ones.
• C) The members of the European Commission are expected to represent their states' national interests.
• D) If member states do not uphold EU law,they can be fined or sanctioned.

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Definitions:

Internationalization

The process by which businesses expand their operations beyond national borders, seeking to reach global markets and tap into foreign resources.

Financial Measures

Quantitative indicators used to assess the financial stability, performance, or position of a business or economy.

Federal Reserve

is the central banking system of the United States, responsible for managing the nation's monetary policy and overseeing its banking institutions.

Automatic Stabilizers

Programs such as unemployment insurance benefits and taxes that are already on the books to help alleviate recessions and hold down the rate of inflation.