Question

the eu has simplified the way multinational companies market their products in which two ways? multiple select question. there are standards that must be adhered to by all countries regarding advertising and promotion. there are fewer regulatory restrictions on transportation. products and packaging can be more uniform for distribution across europe. firms are subject to increased quotas and tariffs.

Answer 1

The EU has simplified marketing for multinational companies by standardizing advertising regulations and reducing transportation restrictions, alongside promoting uniformity in products and packaging, contrary to imposing increased quotas and tariffs.

Step-by-step explanation:

The European Union (EU) has simplified the way multinational companies market their products in several ways. First, some standards must be adhered to by all member countries regarding advertising and promotion, which allows for a more streamlined approach to marketing across the continent. Second, the EU has worked to reduce regulatory restrictions on transportation, thus improving the ease of moving products between member states. Additionally, the ability to create uniform products and packaging helps in simplifying distribution logistics across Europe. In contrast, firms within the EU are not subject to increased quotas and tariffs; in fact, the EU aims to reduce these barriers to facilitate free trade among its members.

Answer 2

The EU has simplified marketing for MNCs by providing uniform standards for advertising and enabling more uniform products and packaging across Europe, while not subjecting firms to increased quotas and tariffs.

Step-by-step explanation:

The European Union (EU) has simplified the way multinational companies (MNCs) market their products in Europe by eliminating barriers to the mobility of goods, labor, and capital across its member countries. This has been achieved in two significant ways:

• Through the creation of uniform standards for advertising and promotion that all member countries must adhere to.
• By making it easier for products and packaging to be more uniform for distribution across Europe, as there are fewer regulatory restrictions on transportation within the EU.

These measures have enabled firms to market their products more seamlessly across EU member states, significantly reducing the complexity and costs associated with varying national regulations. On the other hand, firms are not subject to increased quotas and tariffs within the EU, as the union's objective is to encourage free trade between its members.