2 One of the steps the EU took in becoming a fullfledged eco

2. One of the steps the EU took in becoming a full-fledged economic union was standards harmonization. What examples would represent harmonization?

Solution

Harmonization is an effort or a process to create common standards across the internal market.

Examples representing harmonization are:-

1) presence of consistent laws, regulations, standards and practices, so as to create ease for businesses which operate in more than one EU member state.

2)reduction in compliance and regulatory burdens for businesses operating within EU member states.