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QUESTION IMAGE

m6173 - 3: 2025 - sep - 10wk - mm: international wk - mm n 8 which of t…

Question

m6173 - 3: 2025 - sep - 10wk - mm: international wk - mm
n 8
which of the following was not one of the purposes of the single european act?
a. lift barriers to competition in the ecs retail banking and insurance businesses
b. remove the principle of \mutual recognition\ as it pertains to product standards
c. remove all frontier controls between eu countries
d. remove all restrictions on foreign exchange transactions between members
e. open public procurement to non - national suppliers

Explanation:

Brief Explanations

The Single European Act aimed to create a single market. It promoted competition in retail banking and insurance, removed frontier - controls, lifted restrictions on foreign - exchange transactions, and opened public procurement to non - national suppliers. It actually strengthened the principle of "mutual recognition" for product standards, not removed it.

Answer:

B. Remove the principle of "mutual recognition" as it pertains to product standards