Author Question: With reference to the Single European Act, the principle of mutual recognition (Read 41 times)

pragya sharda · **on:** May 25, 2020

Question 1

Which of the following has NOT been a consequence of moves towards the completion of the internal market in the EU? (These statements are generalised over all EU countries.)
◦ A reduction in costs
◦ Increased employment
◦ Faster GDP growth
◦ A rise in inflation

Question 2

With reference to the Single European Act, the principle of mutual recognition
◦ states that there are mutual benefits of open trade with one another.
◦ means that firms and individuals can choose to obey the rules of the country that have the least restrictive ones in the EU on any particular issue.
◦ states that each member country should realise that every member has a right to decide on its own trade policies.
◦ concerns the acceptance of the fact that each of the countries has its own identity and culture.

Ahernandez18 · **Reply #1 on:** May 25, 2020

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