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which strategy is one that the eu employs in an effort to reduce costs of production in the wealthiest eu member countries?

Sagot :

The EU relocates factories from wealthy EU countries to lower-wage countries in an effort to reduce costs of production in the wealthiest EU member countries.

27 European nations make up the European Union (EU), an international organization that sets common economic, social, and security policies. The EU began a significant expansion into central and eastern Europe in the early twenty-first century after being limited to western Europe at first.

By establishing a single currency (the euro), an united foreign and security policy, shared citizenship rights, and by strengthening cooperation in the fields of immigration, asylum, and judicial affairs, the treaty was intended to further the political and economic unity of Europe.

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