Which organization is a European economic and political union that reduces trade barriers among member countries?

Which organization is a European economic and political union that reduces trade barriers among member countries?

• A. NATO
• B. OAS
• C. ASEAN
• D. European Union

Answer: (D)

Economically integrated unions reduce trade barriers by creating a broader, shared market and common rules that let goods, services, people, and capital move more freely across member countries. The European Union does this in Europe as a European economic and political union with a single market, a customs union, and coordinated policies. This means members enjoy free movement across borders, a common external tariff, and harmonized standards, all backed by institutions that enforce rules and coordinate policies. The goal is closer economic cooperation and political collaboration across many countries. NATO is a military alliance focused on defense, not primarily on reducing trade barriers. The Organization of American States brings regional cooperation to the Americas, not Europe. ASEAN is a regional group in Southeast Asia, promoting cooperation but not the same European-wide economic and political integration.

Economically integrated unions reduce trade barriers by creating a broader, shared market and common rules that let goods, services, people, and capital move more freely across member countries. The European Union does this in Europe as a European economic and political union with a single market, a customs union, and coordinated policies. This means members enjoy free movement across borders, a common external tariff, and harmonized standards, all backed by institutions that enforce rules and coordinate policies. The goal is closer economic cooperation and political collaboration across many countries.

NATO is a military alliance focused on defense, not primarily on reducing trade barriers. The Organization of American States brings regional cooperation to the Americas, not Europe. ASEAN is a regional group in Southeast Asia, promoting cooperation but not the same European-wide economic and political integration.