The Unification of Europe Through the European Union (EU)

question 71

Multiple Choice

The unification of Europe through the European Union (EU)

• A) produced the largest single market in the world.
• B) calls for greater customization of products and attention to regulations and restrictions of European countries.
• C) means that members of the EU have become more heterogeneous in their needs and wants.
• D) required the countries to be segmented into many different markets.
• E) permits virtually free trade among the member nations of the EU.

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Definitions:

Assignment

The transfer of rights or property from one party to another.

Creditor Beneficiaries

A creditor beneficiary is a third party that benefits from a contract wherein the promisor agrees to pay the promisee's debt to the third party.

Assignment of Rights

The transfer of legal rights from one party to another, often involving debts or benefits under a contract.

Assignment of Duties

The process of allocating responsibilities and tasks to individuals or groups in an organization.