The correct answer is C) respect for cultures and traditions.
Based on the excerpt, the European union values respect for cultures and traditions.
The European Union Charter of the Fundamental Rights and Freedoms of its members says that: "The Union contributes to the preservation and the development of these common values while respecting the diversity of the cultures and traditions of the peoples of Europe as well as the national identities of the Member States and the organization of their public authorities at national, regional and local levels; it seeks to promote balanced and sustainable development and ensures free movement of persons, goods, services and capital, and the freedom of establishment.
The European Union was formed on November 1, 1993, in the city of Maastricht, Holland. Its monetary currency is the Euro and its headquarters are located in the city of Brussels, Belgium.