APICS Certified Supply Chain Professional (CSCP) — Question 361

The European Union (EU) is an example of:

Answer options

• A. globalization.
• B. country-to-country commerce.
• C. a nongovernmental organization (NGO).
• D. a trading bloc.

Correct answer: D

Explanation

The correct answer is D, as the European Union operates as a trading bloc by facilitating trade and economic cooperation among its member states. Options A and B do not accurately represent the EU's structure, while option C is incorrect because the EU is a political and economic union, not a nongovernmental organization.