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europe/uk economy






Question no 5

Europe is a diverse region with various economies, but the European Union (EU) collectively represents a significant economic force. The EU is known for its strong emphasis on a social market economy, combining a market-driven approach with social welfare policies.


Question No 5 How does the Schengen Area influence trade and travel within Europe?

  1. It imposes strict border controls

  2. It hinders trade between member countries

  3. It abolishes border controls, facilitating trade and travel

  4. It only affects travel, not trade

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