Question

European Union might best be considered what type of "economy"?

a. Established economy
b. Emerging economy
c. Developing Economy
d. None of these are correct

Answer 1

The European Union is an established economy, composed of mostly developed countries with strong economies and high levels of economic integration.

Step-by-step explanation:

The European Union might best be considered an established economy. An established economy refers to economically developed countries that have reached high levels of industrialization, infrastructure, and living standards. The EU is composed of mostly developed countries that have strong economies, stable institutions, and high levels of economic integration.