Which of the Following Was Likely an Effect of the Unification

question 179

Multiple Choice

Which of the following was likely an effect of the unification of European markets?

• A)Many of the taxes and rules that had limited trade among member countries of the European Union were eliminated.
• B)The need to adjust strategies to reach submarkets of European consumers disappeared.
• C)Firms operating in Europe had more difficulty obtaining access to large markets.
• D)Consumer prices rose and job opportunities became limited.
• E)The unification complicated inter-European commerce and trade directly.

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Definitions:

Postmodern Culture

A culture characterized by an eclectic mix of styles, skepticism towards grand narratives, and the questioning of traditional values and norms.

Dominant

Referring to that which is most powerful, influential, or prevalent in a particular context or society.

Institutionally

Relating to, organized as, or characteristic of an institution or institutions.

Globalization

The increasing interconnectivity and interdependence of cultures, economies, and technologies across the globe, leading to greater cultural exchange and economic integration.