Did the 1957 Treaty of Rome Turn the EU into a Truly

question 18

Multiple Choice

Did the 1957 Treaty of Rome turn the EU into a truly unified market?

• A) Yes, it paved the way for the current EMU.
• B) No, although it established a customs union, it failed to remove barriers to the movement of goods and factors within Europe.
• C) No, it was only after the German unification and locating the ECB in Frankfurt that unity was achieved.
• D) No, since the Northern members of the EU had larger endowments of capital and skilled labor.
• E) No, the Treaty of Rome created more trade barriers between European countries.

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Definitions:

Mandated

Required or decreed by authority, often referring to laws, policies, or regulations that must be followed.

Intuition

The ability to understand or know something immediately without the need for conscious reasoning.

Thrive

To grow, develop, or be successful, especially under favorable conditions or through overcoming adversity.

Chaos

A state of extreme confusion and disorder.