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Question

The union abolished trade barriers and reduced the number of currencies from over _______ to two.

A

Thirty

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B

Thirteen

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C

Twenty

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D

Ten

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Solution

The correct option is A Thirty
In 1834, a customs union or zollverein was formed at the initiative of Prussia and joined by most of the German states. The union abolished tariff barriers and reduced the number of currencies from over thirty to two.

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Q. S1: Tariff barriers were abolished in German speaking states and the number of currencies were reduced from 30 to 2.
S2: During Napoleon's reign, the German speaking states were made into a league of 39 states. Most of them followed their own currency and measuring system.

Select a suitable option to complete the sentence:

Asian countries, stiff tariffs and other import barriers, plus undervalued currencies ____________

Q.
Which of the following are the features of Customs Union?

1. It entails common currency in the Customs union
2. It has same policies for trade with the third country
3. Reduced trade barriers within the Union

Which of the above statements are correct

Q. A person who has attained the age of 10 years can be a member of a registered trade union subject to any rules of the trade union.

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