Answer to Question #53820 in Other Economics for filius lionis
For many sectors – aerospace and automotive, for example – the opportunity that the EU Single Market has created to co-operate with partners in other countries through supply chains has been the foundation of global success.
Common frameworks of regulations and standards for automobiles, pharmaceuticals and electronic equipment have created economies of scale for manufacturers by reducing compliance costs and expanding the size of the market.
Need a fast expert's response?Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!