Question

Given below are two statements:
Statement I: The European Union has evolved over time from an economic union to an increasingly political one. The EU started to act more as a nation state, with its own flag, founding date, and currency.
Statement II: The EU has economic, political, diplomatic, and military influence. The EU is the world’s second-biggest economy with a GDP of more than $17 trillion in 2016.
Choose the most appropriate answer:

• A. Both Statement I and Statement II are correct
• B. Both Statement I and Statement II are incorrect
• C. Statement I is correct but Statement II is incorrect
• D. Statement I is incorrect but Statement II is correct

Answer 1

The Correct Option is A

Both statements are correct: the EU has grown from an economic to a political union and holds significant global influence.