The european union is considered economic union

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Reference no: EM132152464

1. The European Union (EU) is considered an Economic Union, because in addition to the attributes of a Common Market, it also has:

A common currency and harmonization of tax rates among member countries

A central government that overrules all sovereign nations in the union

Tariffs between countries in the EU

A confused marketplace with high barriers among members

2. A primary European Union standard that has been adopted by Turkey and other non-EU countries is the:

CE Mark

CCC Mark

WTO Stamp

EU Standards Mark

2. As with many companies in developing countries, Diageo had to navigate ethical issues and responsibilities in their market approach in Africa. What was a primary issue that Diageo addressed with their product?

Health affects of alcohol in pregnant women

Hunger and poverty issues in Africa

Education levels of their employees

Risks of non-regulated alcohol production/consumption

3. When utilizing a website for international marketing, it is important to have the site completely translated into as many languages as possible, even if your company does not operate in those languages.

True

False

4. The Ease of Doing Business index could help companies understand and analyze challenges in countries like India, such as

Number of deaths due to lack of clean water

Population growth

Access to water for development and local workforce

Access to electricity for industrial development

Reference no: EM132152464

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