What is the proper characterization of the European Union (EU), and what is its primary accomplishment?
A.
The EU is a regional trade bloc which controls the money supply in each member country.
B.
The EU is a regional trade agreement that has eliminated most trade barriers between member countries.
C.
The EU is a trade treaty that provides a forum where member countries can resolve their trade disputes.
D.
The EU is a trading cooperative that protects member countries from unfair trade tactics by non-member countries.