What Is An Economic Union? An economic union is an agreement between two or more nations to allow goods, services, money and workers to move over borders freely. The countries may also coordinate social and financial policies to support this common market. The European Union (EU) is an example of an economic union. What are
What Is The Organization Of European Nations Formed In 1993 To Compete Economically With The US? Those 12 nations formed the European Union, or EU, in 1993. The goal of the EU is to strengthen trade between the countries of Europe. Member nations control their own political and economic decisions. What is an international organization
What Is The Purpose Of The European Union Quizlet? What is the purpose of the European Union? Promote peace and prosperity through economic growth & cooperation. What is the main purpose of the European Union? The aims of the European Union within its borders are: promote peace, its values and the well-being of its citizens.