Based on your knowledge of international trade organizations, answer the following question.
Which of the following statements correctly describes the European Union (EU) ? Check all that apply.
a. Breaking down trade barriers within Europe has reduced economies of scale, making European companies less competitive.
b. The global financial crisis of 2008 threatened the EU by exposing differences in the economic strength of its member states.
c. All EU member states have similar levels of debt and experience similar rates of unemployment.
d. The EU introduced the euro, a common currency that facilitates travel, trade, and investment.
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Home » Business » Based on your knowledge of international trade organizations, answer the following question. Which of the following statements correctly describes the European Union (EU) ? Check all that apply. a.