The European Union Single Market

A single market can be describe as:

• A geographical area where trade barriers, such as tariffs and quotas, are eliminated among member countries, allowing for the free movement of goods, services, capital, and people.

• A market where only one type of product or service is sold, monopolizing the industry and eliminating competition.

• A marketplace where only individual buyers and sellers interact directly, without the involvement of companies.

The EEC stands for

• European Economic Coalition

• European Economic Committee

• European Economic Cooperation

• European Economic Community

In ------------------ the 15 members of the EEC finished building the single market.

• 1992

• 1994

• 1982

• 1984

The single market is a one big market based on :

• Freedom of people movement

• freedom o goods movements

• Freedom of services movement

• Freedom of member states to implement their own trade policies

How many countries are in EU?

• 27

• 28

• 26

• 44

In 31 January 2020, the --------------------- is no longer part of the European Union.

• United Kingdom

• Ireland

• Germany

• France

look at the map, which of the following countries are members in EU?

• Italy

• Ireland

• Norway

• Turkey