Question

European Union

Percent of World's Population: 7%
Percent of World Trade:20%

Which statement best supports the European Union's impact on global trade?
A)The European Union has seen a decline in trade.
PLZ HELP
B)The European Union has little to no impact on global trade.

C)The European Union's small population has created a weak alliance.

D)The European Union has a great influence on the world market.

Answer 1

Correct answer is D)The European Union has a great influence on the world market.

Step-by-step explanation:

Last option is correct because although it covers only 7 % of world's population EU has a large influence on world's market, as members of EU are some of the most developed countries in the world, including France and Germany.

A is not correct as EU is among rare markets which is increasing constantly.

B is not correct as it has larger influence than many large countries.

C is not correct as EU has a large population of almost 500 million inhabitants.