Question

the economic integration of Europe happened in the last ten years, i.e., since the great recession of 2008-09. True False

Answer 1

Answer: False

Step-by-step explanation:

Europe has been integrated since the later 20th century when in 1993, their markets were integrated and there was a total free movement of goods and services across the borders of countries in Europe.

In 1999, the Euro was introduced and this helped economic growth and integration even more as they were able to pursue a single monetary policy. Trade and competition rose and goods saw a drop in prices and bargaining power increased.