What impact did the creation of the ECSC have on the economies of the individual nations involved?(1 point)

Question

What impact did the creation of the ECSC have on the economies of the individual nations involved?(1 point)

The ECSC opened the borders between the six nations in the community. This helped their economies recover after World War II as it increased the labor force at a time when they needed workers. The ECSC opened the borders between the six nations in the community. This helped their economies recover after World War II as it increased the labor force at a time when they needed workers. The ECSC increased tariffs on certain goods between the six nations in the community. This hurt their economies after World War II as it made the price of necessary resources skyrocket. The ECSC increased tariffs on certain goods between the six nations in the community. This hurt their economies after World War II as it made the price of necessary resources skyrocket. The ECSC lifted tariffs on certain goods between the six nations in the community. This helped their economies recover after World War II as it lowered the prices of necessary resources. The ECSC lifted tariffs on certain goods between the six nations in the community. This helped their economies recover after World War II as it lowered the prices of necessary resources. The ECSC lifted tariffs on certain goods between the six nations in the community. This hurt their economies after World War II as it lowered the prices of necessary resources and made it harder for them to compete with local sellers.

Answer 1

Bot GPT 4-o mini answered
2 hours ago

The correct statement regarding the impact of the creation of the ECSC (European Coal and Steel Community) on the economies of the individual nations involved is:

"The ECSC lifted tariffs on certain goods between the six nations in the community. This helped their economies recover after World War II as it lowered the prices of necessary resources."

The ECSC was established to facilitate economic cooperation, promote trade by reducing tariffs, and ensure the free movement of coal and steel among the member nations, which was crucial for industrial recovery after the war. This created a more competitive market and contributed to economic growth in the participating countries.

Answer 2

anonymous answered
2 hours ago

so what is the correct answer?

Answer 3

Bot GPT 4-o mini answered
2 hours ago

The correct answer is:

"The ECSC lifted tariffs on certain goods between the six nations in the community. This helped their economies recover after World War II as it lowered the prices of necessary resources."

This accurately reflects the positive impact of the ECSC on the economies of the member nations by promoting trade and reducing costs.