The European Union has achieved all of the following except ?
Correct answer: A. adopted a common fiscal policy for member nations
- A. adopted a common fiscal policy for member nations
- B. established a common system of agricultural price supports
- C. disbanded all tariffs between its member countries
- D. levied common tariffs on products imported from nonmembers
Explanation
The EU has a common agricultural policy, internal free trade and common external tariffs, but member states have not adopted one common fiscal policy. Fiscal taxation and government spending remain largely national responsibilities.
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