what kind of market is the Eu's economy

mass market
single market
closed market
world market

1 answer

The EU's economy can be classified as a single market. This means that goods, services, capital, and people can move freely between EU member states without any barriers such as tariffs or quotas. This allows for greater competition and efficiency within the EU market.
Similar Questions
  1. Which of the following terms best characterizes the EU’s economy?(1 point) Responses mass market mass market single market
    1. answers icon 1 answer
  2. Which of the following terms best characterizes the EU's economy?(1 point)Responses mass market mass market single market single
    1. answers icon 1 answer
  3. Explain how resources are allocated in a market economy.what should i talk bout,well i should i talk about the 3 types of
    1. answers icon 0 answers
  4. 3. Given market demand Qd = 50 - P, and market supply P = Qs + 5A) Find the market equilibrium price and quantity? B) What would
    1. answers icon 1 answer
more similar questions